PPP Loan information for Tank design, inc.

$1,159,389

Tank design, inc. was initially approved for PPP Loan of amount $1,159,389, the current approved amount is $1,159,389. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 47 jobs and $1,159,389 was used to fund payroll.

Tank design, inc. is Existing or more than 2 years old

PPP Loan Search / MA / CAMBRIDGE / Tank design, inc.

TANK DESIGN, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TANK DESIGN, INC.

Borrower Address

158 Sidney St Cambridge Ma 02139-4240

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02139-4240

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1159388.75

Current Approval Amount

1159388.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-4240

CD

MA-07

Jobs Reported

47

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1159388.75

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1171981.00

Forgiveness Date

05/21/2021

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