PPP Loan information for Thorndike construction corp

$526,500

Thorndike construction corp was initially approved for PPP Loan of amount $440,400, the current approved amount is $526,500. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 33 jobs and $526,500 was used to fund payroll.

Thorndike construction corp is Existing or more than 2 years old

PPP Loan Search / MA / NATICK / Thorndike construction corp

THORNDIKE CONSTRUCTION CORP

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THORNDIKE CONSTRUCTION CORP

Borrower Address

8 PLEASANT ST Suite A-2

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-5622

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440400.00

Current Approval Amount

526500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-5622

CD

MA-05

Jobs Reported

33

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

700.00

Payroll Proceed

400800.00

Mortgage Interest Proceed

0.00

Rent Proceed

11700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15700.00

Debt Interest Proceed

97600

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520043.76

Forgiveness Date

12/16/2020

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