PPP Loan information for North shore steel inc

$92,000

North shore steel inc was initially approved for PPP Loan of amount $92,000, the current approved amount is $92,000. The loan was approved on 03/16/2021 by The Salem Five Cents Savings Bank reported 10 jobs and $92,000 was used to fund payroll.

North shore steel inc is Existing or more than 2 years old

NORTH SHORE STEEL INC

Date Approved

03/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NORTH SHORE STEEL INC

Borrower Address

16 Oakville St

Borrower City

Lynn

Borrower State

MA

Borrower Zip

01905-2817

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92000.00

Current Approval Amount

92000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynn

Project County Name

ESSEX

Project State

MA

Project Zip

01905-2817

CD

MA-06

Jobs Reported

10

NAICS Code

332311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92000.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92641.44

Forgiveness Date

11/24/2021

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