PPP Loan information for The paone corporation

$111,400

The paone corporation was initially approved for PPP Loan of amount $111,400, the current approved amount is $111,400. The loan was approved on 02/04/2021 by The Cape Ann Savings Bank reported 8 jobs and $111,400 was used to fund payroll.

The paone corporation is Existing or more than 2 years old

PPP Loan Search / MA / Gloucester / The paone corporation

THE PAONE CORPORATION

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE PAONE CORPORATION

Borrower Address

30 Pond Rd

Borrower City

Gloucester

Borrower State

MA

Borrower Zip

01930-1833

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111400.00

Current Approval Amount

111400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gloucester

Project County Name

ESSEX

Project State

MA

Project Zip

01930-1833

CD

MA-06

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111398.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112167.42

Forgiveness Date

11/05/2021

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