PPP Loan information for The prop factory, llc

$47,082

The prop factory, llc was initially approved for PPP Loan of amount $37,083, the current approved amount is $47,082. The loan was approved on 04/28/2020 by The StonehamBank reported 2 jobs and $47,082 was used to fund payroll.

The prop factory, llc is New Business or 2 years or less

THE PROP FACTORY, LLC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE PROP FACTORY, LLC

Borrower Address

147 SUMMIT ST

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-5174

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37083.00

Current Approval Amount

47082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-5174

CD

MA-06

Jobs Reported

2

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37082.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47646.98

Forgiveness Date

07/14/2021

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