PPP Loan information for Armstrong machine co inc

$164,500

Armstrong machine co inc was initially approved for PPP Loan of amount $164,500, the current approved amount is $164,500. The loan was approved on 04/05/2020 by The North Shore Bank, a Co-operative Bank reported 15 jobs and $164,500 was used to fund payroll.

Armstrong machine co inc is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / Armstrong machine co inc

ARMSTRONG MACHINE CO INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARMSTRONG MACHINE CO INC

Borrower Address

117 ELLIOTT ST #3

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-3205

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164500.00

Current Approval Amount

164500.00

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

01915-3205

CD

MA-06

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164500.00

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

165427.60

Forgiveness Date

11/03/2020

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