PPP Loan information for Sumco eco-contracting llc

$1,608,000

Sumco eco-contracting llc was initially approved for PPP Loan of amount $1,608,000, the current approved amount is $1,608,000. The loan was approved on 02/02/2021 by The Salem Five Cents Savings Bank reported 99 jobs and $1,608,000 was used to fund payroll.

Sumco eco-contracting llc is Existing or more than 2 years old

SUMCO ECO-CONTRACTING LLC

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SUMCO ECO-CONTRACTING LLC

Borrower Address

2 Centennial Dr Ste 290A

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-7950

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1608000.00

Current Approval Amount

1608000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7950

CD

MA-06

Jobs Reported

99

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1607996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1619658.00

Forgiveness Date

10/25/2021

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