PPP Loan information for Porcello law offices

$71,500

Porcello law offices was initially approved for PPP Loan of amount $72,300, the current approved amount is $71,500. The loan was approved on 04/29/2020 by The Salem Five Cents Savings Bank reported 5 jobs and $71,500 was used to fund payroll.

Porcello law offices is Existing or more than 2 years old

PORCELLO LAW OFFICES

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORCELLO LAW OFFICES

Borrower Address

271 LAFAYETTE ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-5792

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72300.00

Current Approval Amount

71500.00

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

N

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

01970-5792

CD

MA-06

Jobs Reported

5

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71500.00

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

Sole Proprietorship

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

72066.04

Forgiveness Date

02/11/2021

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