Date Approved
04/15/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
R & Z PETROLEUM INC.
Borrower Address
19 HERSEY ST
Borrower City
SALEM
Borrower State
MA
Borrower Zip
01970
Loan Status Date
04/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
41057.50
Current Approval Amount
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
Servicing Lender Zip
02110-3113
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
01970-0001
CD
MA-06
Jobs Reported
7
NAICS Code
811111
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
41432.72
Forgiveness Date
03/18/2021