PPP Loan information for Federal street corporation

$70,533

Federal street corporation was initially approved for PPP Loan of amount $70,533, the current approved amount is $70,533. The loan was approved on 01/25/2021 by The North Shore Bank, a Co-operative Bank reported 11 jobs and $70,533 was used to fund payroll.

Federal street corporation is Existing or more than 2 years old

FEDERAL STREET CORPORATION

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FEDERAL STREET CORPORATION

Borrower Address

112 Federal St

Borrower City

Lynn

Borrower State

MA

Borrower Zip

01905-2292

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70532.59

Current Approval Amount

70532.59

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

01905-2292

CD

MA-06

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70528.59

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

71384.86

Forgiveness Date

04/06/2022

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