PPP Loan information for Groom construction co., inc.

$2,135,995

Groom construction co., inc. was initially approved for PPP Loan of amount $2,135,995, the current approved amount is $2,135,995. The loan was approved on 04/07/2020 by The Rockland Trust Company reported 138 jobs and $2,135,995 was used to fund payroll.

Groom construction co., inc. is Existing or more than 2 years old

PPP Loan Search / MA / SALEM / Groom construction co., inc.

GROOM CONSTRUCTION CO., INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GROOM CONSTRUCTION CO., INC.

Borrower Address

96 SWAMPSCOTT RD

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-1730

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2135995.00

Current Approval Amount

2135995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-1730

CD

MA-06

Jobs Reported

138

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2135995.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2160736.94

Forgiveness Date

06/09/2021

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