PPP Loan information for Connolly brothers inc.

$674,700

Connolly brothers inc. was initially approved for PPP Loan of amount $674,700, the current approved amount is $674,700. The loan was approved on 04/03/2020 by The Salem Five Cents Savings Bank reported 30 jobs and $674,700 was used to fund payroll.

Connolly brothers inc. is Existing or more than 2 years old

CONNOLLY BROTHERS INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CONNOLLY BROTHERS INC.

Borrower Address

152 CONANT ST

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-1600

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674700.00

Current Approval Amount

674700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-1600

CD

MA-06

Jobs Reported

30

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

674700.00

Payroll Proceed

0.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

678841.91

Forgiveness Date

11/23/2020

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