PPP Loan information for The new penfacs insurance agency

$67,600

The new penfacs insurance agency was initially approved for PPP Loan of amount $67,600, the current approved amount is $67,600. The loan was approved on 04/05/2020 by The Main Street Bank reported 7 jobs and $67,600 was used to fund payroll.

The new penfacs insurance agency is Existing or more than 2 years old

THE NEW PENFACS INSURANCE AGENCY

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE NEW PENFACS INSURANCE AGENCY

Borrower Address

337 Turnpike Road

Borrower City

SOUTHBOROUGH

Borrower State

MA

Borrower Zip

01772-1708

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67600.00

Current Approval Amount

67600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01772-1708

CD

MA-02

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67600.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68207.47

Forgiveness Date

03/18/2021

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