PPP Loan information for General woodworking inc.

$914,000

General woodworking inc. was initially approved for PPP Loan of amount $914,000, the current approved amount is $914,000. The loan was approved on 04/10/2020 by The Enterprise Bank and Trust Company reported 60 jobs and $914,000 was used to fund payroll.

General woodworking inc. is Existing or more than 2 years old

GENERAL WOODWORKING INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GENERAL WOODWORKING INC.

Borrower Address

105 PEVEY ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01851-1357

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

914000.00

Current Approval Amount

914000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-1357

CD

MA-03

Jobs Reported

60

NAICS Code

321918

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16500.00

Payroll Proceed

776000.00

Mortgage Interest Proceed

1500.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

107500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

922073.67

Forgiveness Date

03/05/2021

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