PPP Loan information for Sonolite plastics corporation

$130,900

Sonolite plastics corporation was initially approved for PPP Loan of amount $141,000, the current approved amount is $130,900. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 7 jobs and $130,900 was used to fund payroll.

Sonolite plastics corporation is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Sonolite plastics corporation

SONOLITE PLASTICS CORPORATION

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SONOLITE PLASTICS CORPORATION

Borrower Address

10 FERNWOOD LAKE AVE

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-3331

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141000.00

Current Approval Amount

130900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-3331

CD

MA-06

Jobs Reported

7

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130900.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132078.10

Forgiveness Date

03/11/2021

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