PPP Loan information for Web industries, inc.

$6,907,460

Web industries, inc. was initially approved for PPP Loan of amount $6,907,460, the current approved amount is $6,907,460. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $6,907,460 was used to fund payroll.

Web industries, inc. is New Business or 2 years or less

PPP Loan Search / MA / MARLBOROUGH / Web industries, inc.

WEB INDUSTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WEB INDUSTRIES, INC.

Borrower Address

700 Nickerson Rd., Suite 250

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-4715

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6907460.00

Current Approval Amount

6907460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-4715

CD

MA-03

Jobs Reported

500

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6907460.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6999409.81

Forgiveness Date

08/18/2021

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