PPP Loan information for Southbridge tool & manufacturing inc

$497,575

Southbridge tool & manufacturing inc was initially approved for PPP Loan of amount $497,575, the current approved amount is $497,575. The loan was approved on 03/30/2021 by The TD Bank, National Association reported 34 jobs and $497,575 was used to fund payroll.

Southbridge tool & manufacturing inc is Existing or more than 2 years old

SOUTHBRIDGE TOOL & MANUFACTURING INC

Date Approved

03/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOUTHBRIDGE TOOL & MANUFACTURING INC

Borrower Address

181 Southbridge Rd

Borrower City

Dudley

Borrower State

MA

Borrower Zip

01571-6925

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

497575.00

Current Approval Amount

497575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dudley

Project County Name

WORCESTER

Project State

MA

Project Zip

01571-6925

CD

MA-01

Jobs Reported

34

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

497573.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502025.53

Forgiveness Date

02/17/2022

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