PPP Loan information for Shop aid inc

$90,500

Shop aid inc was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 04/28/2020 by The East Cambridge Savings Bank reported 10 jobs and $90,500 was used to fund payroll.

Shop aid inc is Existing or more than 2 years old

SHOP AID INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHOP AID INC

Borrower Address

50 HOLTON ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-5232

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

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

10

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91452.11

Forgiveness Date

05/27/2021

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