PPP Loan information for Booma oil and energy, inc

$170,300

Booma oil and energy, inc was initially approved for PPP Loan of amount $287,800, the current approved amount is $170,300. The loan was approved on 04/27/2020 by The Salem Five Cents Savings Bank reported 14 jobs and $170,300 was used to fund payroll.

Booma oil and energy, inc is Existing or more than 2 years old

PPP Loan Search / MA / LYNN / Booma oil and energy, inc

BOOMA OIL AND ENERGY, INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BOOMA OIL AND ENERGY, INC

Borrower Address

766 SUMMER ST

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01905-1963

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287800.00

Current Approval Amount

170300.00

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

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01905-1963

CD

MA-06

Jobs Reported

14

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170300.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171775.93

Forgiveness Date

03/10/2021

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