PPP Loan information for Atlantic lab equipment, inc.

$289,000

Atlantic lab equipment, inc. was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 04/14/2020 by The Salem Five Cents Savings Bank reported 14 jobs and $289,000 was used to fund payroll.

Atlantic lab equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / Atlantic lab equipment, inc.

ATLANTIC LAB EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ATLANTIC LAB EQUIPMENT, INC.

Borrower Address

100 Cummings Center, Suite 150-B

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-2015

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

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

01915-2015

CD

MA-06

Jobs Reported

14

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

289000.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291737.47

Forgiveness Date

03/31/2021

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