PPP Loan information for Sturbridge metallurgical services

$159,450

Sturbridge metallurgical services was initially approved for PPP Loan of amount $159,450, the current approved amount is $159,450. The loan was approved on 01/23/2021 by The Cornerstone Bank reported 12 jobs and $159,450 was used to fund payroll.

Sturbridge metallurgical services is Existing or more than 2 years old

STURBRIDGE METALLURGICAL SERVICES

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STURBRIDGE METALLURGICAL SERVICES

Borrower Address

8 Picker Rd

Borrower City

Sturbridge

Borrower State

MA

Borrower Zip

01566-1251

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159450.00

Current Approval Amount

159450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sturbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01566-1251

CD

MA-01

Jobs Reported

12

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159449.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160513.00

Forgiveness Date

09/24/2021

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