PPP Loan information for Greenwood industries inc

$7,520,300

Greenwood industries inc was initially approved for PPP Loan of amount $8,735,000, the current approved amount is $7,520,300. The loan was approved on 04/04/2020 by The Needham Bank reported 354 jobs and $7,520,300 was used to fund payroll.

Greenwood industries inc is Existing or more than 2 years old

PPP Loan Search / MA / WORCESTER / Greenwood industries inc

GREENWOOD INDUSTRIES INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GREENWOOD INDUSTRIES INC

Borrower Address

640 LINCOLN ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01605-2011

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8735000.00

Current Approval Amount

7520300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01605-2011

CD

MA-02

Jobs Reported

354

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7520300.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7604694.48

Forgiveness Date

06/14/2021

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