PPP Loan information for Marchand & sons construction co inc.

$33,929

Marchand & sons construction co inc. was initially approved for PPP Loan of amount $33,929, the current approved amount is $33,929. The loan was approved on 03/05/2021 by The North Shore Bank, a Co-operative Bank reported 3 jobs and $33,929 was used to fund payroll.

Marchand & sons construction co inc. is Existing or more than 2 years old

PPP Loan Search / MA / Beverly / Marchand & sons construction co inc.

MARCHAND & SONS CONSTRUCTION CO INC.

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARCHAND & SONS CONSTRUCTION CO INC.

Borrower Address

17 Wellman St

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-4830

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33928.75

Current Approval Amount

33928.75

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

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-4830

CD

MA-06

Jobs Reported

3

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

33927.75

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34113.47

Forgiveness Date

09/22/2021

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