PPP Loan information for Mill city environmental corporation

$369,700

Mill city environmental corporation was initially approved for PPP Loan of amount $369,700, the current approved amount is $369,700. The loan was approved on 04/06/2020 by The The Lowell Five Cent Savings Bank reported 33 jobs and $369,700 was used to fund payroll.

Mill city environmental corporation is Existing or more than 2 years old

MILL CITY ENVIRONMENTAL CORPORATION

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MILL CITY ENVIRONMENTAL CORPORATION

Borrower Address

116 JOHN ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-1124

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369700.00

Current Approval Amount

369700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

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

01852-1124

CD

MA-03

Jobs Reported

33

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1060.00

Payroll Proceed

342099.00

Mortgage Interest Proceed

822.00

Rent Proceed

7100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18619.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372110.65

Forgiveness Date

12/10/2020

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