PPP Loan information for Federal st corp

$50,600

Federal st corp was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/07/2020 by The North Shore Bank, a Co-operative Bank reported 13 jobs and $50,600 was used to fund payroll.

Federal st corp is Existing or more than 2 years old

FEDERAL ST CORP

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FEDERAL ST CORP

Borrower Address

112 FEDERAL ST

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01905-2214

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

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

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01905-2214

CD

MA-06

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50600.00

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

51191.74

Forgiveness Date

06/15/2021

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