PPP Loan information for American & schoen machinery company

$223,730

American & schoen machinery company was initially approved for PPP Loan of amount $223,730, the current approved amount is $223,730. The loan was approved on 04/28/2020 by The North Shore Bank, a Co-operative Bank reported 17 jobs and $223,730 was used to fund payroll.

American & schoen machinery company is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / American & schoen machinery company

AMERICAN & SCHOEN MACHINERY COMPANY

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN & SCHOEN MACHINERY COMPANY

Borrower Address

100 CUMMINGS CTR Suite 140A

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-6135

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223730.00

Current Approval Amount

223730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-6135

CD

MA-06

Jobs Reported

17

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223730.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225109.67

Forgiveness Date

12/10/2020

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