PPP Loan information for Interstate food equipment service inc

$1,024,690

Interstate food equipment service inc was initially approved for PPP Loan of amount $908,940, the current approved amount is $1,024,690. The loan was approved on 04/07/2020 by The Eastern Bank reported 44 jobs and $1,024,690 was used to fund payroll.

Interstate food equipment service inc is Existing or more than 2 years old

PPP Loan Search / MA / MALDEN / Interstate food equipment service inc

INTERSTATE FOOD EQUIPMENT SERVICE INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INTERSTATE FOOD EQUIPMENT SERVICE INC

Borrower Address

43 Sharon St

Borrower City

MALDEN

Borrower State

MA

Borrower Zip

02148-5900

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

908940.00

Current Approval Amount

1024690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALDEN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-5900

CD

MA-05

Jobs Reported

44

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1024690.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1033769.89

Forgiveness Date

03/03/2021

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