PPP Loan information for Wear & tear repair inc

$46,645

Wear & tear repair inc was initially approved for PPP Loan of amount $46,645, the current approved amount is $46,645. The loan was approved on 05/13/2020 by The Eastern Bank reported 3 jobs and $46,645 was used to fund payroll.

Wear & tear repair inc is New Business or 2 years or less

PPP Loan Search / MA / PEABODY / Wear & tear repair inc

WEAR & TEAR REPAIR INC

Date Approved

05/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WEAR & TEAR REPAIR INC

Borrower Address

303 PINE BROOK DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46645.00

Current Approval Amount

46645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

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

01960-0001

CD

MA-06

Jobs Reported

3

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46645.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47068.69

Forgiveness Date

04/06/2021

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