PPP Loan information for Springfield terminal railway company

$10,000,000

Springfield terminal railway company was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/11/2020 by The Citibank, N.A. reported 500 jobs and $10,000,000 was used to fund payroll.

Springfield terminal railway company is Existing or more than 2 years old

PPP Loan Search / MA / NORTH BILLERICA / Springfield terminal railway company

SPRINGFIELD TERMINAL RAILWAY COMPANY

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPRINGFIELD TERMINAL RAILWAY COMPANY

Borrower Address

1700 IRON HORSE PARK

Borrower City

NORTH BILLERICA

Borrower State

MA

Borrower Zip

01862-1641

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-1641

CD

MA-03

Jobs Reported

500

NAICS Code

482111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10117777.78

Forgiveness Date

06/18/2021

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