PPP Loan information for The eastern group,inc.

$495,500

The eastern group,inc. was initially approved for PPP Loan of amount $495,500, the current approved amount is $495,500. The loan was approved on 04/13/2020 by The Wilmington Savings Fund Society, FSB reported 42 jobs and $495,500 was used to fund payroll.

The eastern group,inc. is Existing or more than 2 years old

THE EASTERN GROUP,INC.

Date Approved

04/13/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE EASTERN GROUP,INC.

Borrower Address

931 S. CHAPEL ST

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19713-3419

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495500.00

Current Approval Amount

495500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-3419

CD

DE-

Jobs Reported

42

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

495500.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499816.96

Forgiveness Date

03/09/2021

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