PPP Loan information for Town line power equipment company inc

$42,500

Town line power equipment company inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 05/01/2020 by The Santander Bank, National Association reported 8 jobs and $42,500 was used to fund payroll.

Town line power equipment company inc is Existing or more than 2 years old

PPP Loan Search / MA / Bellingham / Town line power equipment company inc

TOWN LINE POWER EQUIPMENT COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOWN LINE POWER EQUIPMENT COMPANY INC

Borrower Address

870 South Main St

Borrower City

Bellingham

Borrower State

MA

Borrower Zip

02019

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellingham

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-0001

CD

MA-04

Jobs Reported

8

NAICS Code

444210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42864.45

Forgiveness Date

03/17/2021

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