PPP Loan information for Somerville ornamental iron works, inc.

$116,300

Somerville ornamental iron works, inc. was initially approved for PPP Loan of amount $116,300, the current approved amount is $116,300. The loan was approved on 04/09/2020 by The Eastern Bank reported 13 jobs and $116,300 was used to fund payroll.

Somerville ornamental iron works, inc. is Existing or more than 2 years old

SOMERVILLE ORNAMENTAL IRON WORKS, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERVILLE ORNAMENTAL IRON WORKS, INC.

Borrower Address

7 R GEORGE ST

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02145-3304

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116300.00

Current Approval Amount

116300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-3304

CD

MA-07

Jobs Reported

13

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116300.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

117026.88

Forgiveness Date

12/02/2020

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