PPP Loan information for Shawmut advertising inc

$1,021,060

Shawmut advertising inc was initially approved for PPP Loan of amount $1,021,060, the current approved amount is $1,021,060. The loan was approved on 02/05/2021 by The Needham Bank reported 58 jobs and $1,021,060 was used to fund payroll.

Shawmut advertising inc is Existing or more than 2 years old

PPP Loan Search / MA / Danvers / Shawmut advertising inc

SHAWMUT ADVERTISING INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SHAWMUT ADVERTISING INC

Borrower Address

33 Cherry Hill Dr

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-2594

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1021060.00

Current Approval Amount

1021060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-2594

CD

MA-06

Jobs Reported

58

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1021056.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1024747.16

Forgiveness Date

06/23/2021

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