PPP Loan information for Shop aid inc

$90,572

Shop aid inc was initially approved for PPP Loan of amount $90,572, the current approved amount is $90,572. The loan was approved on 01/26/2021 by The East Cambridge Savings Bank reported 7 jobs and $90,572 was used to fund payroll.

Shop aid inc is Existing or more than 2 years old

SHOP AID INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SHOP AID INC

Borrower Address

50 Holton St

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-5232

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90572.00

Current Approval Amount

90572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-5232

CD

MA-05

Jobs Reported

7

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

90569.00

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

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

91016.18

Forgiveness Date

08/04/2021

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