PPP Loan information for Tom's discount store

$98,008

Tom's discount store was initially approved for PPP Loan of amount $98,008, the current approved amount is $98,008. The loan was approved on 01/20/2021 by The Newburyport Five Cents Savings Bank reported 11 jobs and $98,008 was used to fund payroll.

Tom's discount store is Existing or more than 2 years old

PPP Loan Search / MA / Salisbury / Tom's discount store

TOM'S DISCOUNT STORE

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TOM'S DISCOUNT STORE

Borrower Address

175 Elm St

Borrower City

Salisbury

Borrower State

MA

Borrower Zip

01952-1827

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98007.72

Current Approval Amount

98007.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1827

CD

MA-06

Jobs Reported

11

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98003.72

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98383.42

Forgiveness Date

06/15/2021

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