PPP Loan information for Union machine company of lynn, inc.

$520,000

Union machine company of lynn, inc. was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 04/13/2020 by The The Savings Bank reported 38 jobs and $520,000 was used to fund payroll.

Union machine company of lynn, inc. is Existing or more than 2 years old

PPP Loan Search / MA / GROVELAND / Union machine company of lynn, inc.

UNION MACHINE COMPANY OF LYNN, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

UNION MACHINE COMPANY OF LYNN, INC.

Borrower Address

6 FEDERAL WAY

Borrower City

GROVELAND

Borrower State

MA

Borrower Zip

01834-1564

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33385

Servicing Lender Name

The Savings Bank

Servicing Lender Address

357 Main St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MA

Servicing Lender Zip

01880-5027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROVELAND

Project County Name

ESSEX

Project State

MA

Project Zip

01834-1564

CD

MA-06

Jobs Reported

38

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520000.00

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

33385

Originating Lender

The Savings Bank

Originating Lender City

WAKEFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

526572.22

Forgiveness Date

07/19/2021

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