PPP Loan information for Young construction corporation inc

$248,600

Young construction corporation inc was initially approved for PPP Loan of amount $248,600, the current approved amount is $248,600. The loan was approved on 04/06/2020 by The South Shore Bank reported 25 jobs and $248,600 was used to fund payroll.

Young construction corporation inc is Existing or more than 2 years old

YOUNG CONSTRUCTION CORPORATION INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

YOUNG CONSTRUCTION CORPORATION INC

Borrower Address

72 Mt. Auburn Street

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-3930

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248600.00

Current Approval Amount

248600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-3930

CD

MA-05

Jobs Reported

25

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248600.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240190.67

Forgiveness Date

12/14/2020

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