PPP Loan information for Shawmut advertising, inc.

$1,050,200

Shawmut advertising, inc. was initially approved for PPP Loan of amount $1,050,200, the current approved amount is $1,050,200. The loan was approved on 04/04/2020 by The Needham Bank reported 67 jobs and $1,050,200 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

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHAWMUT ADVERTISING, INC.

Borrower Address

33 CHERRY HILL DR

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-2565

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1050200.00

Current Approval Amount

1050200.00

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

01923-2565

CD

MA-06

Jobs Reported

67

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1050200.00

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

1045632.16

Forgiveness Date

11/09/2020

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