PPP Loan information for Springdale machine & gear, inc.

$38,500

Springdale machine & gear, inc. was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/28/2020 by The PeoplesBank reported 5 jobs and $38,500 was used to fund payroll.

Springdale machine & gear, inc. is Existing or more than 2 years old

SPRINGDALE MACHINE & GEAR, INC.

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SPRINGDALE MACHINE & GEAR, INC.

Borrower Address

21 Temple St

Borrower City

Holyoke

Borrower State

MA

Borrower Zip

01040-3423

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holyoke

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-3423

CD

MA-01

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38500.00

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

Independent Contractors

Originating Lender Location Id

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38776.36

Forgiveness Date

01/25/2021

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