PPP Loan information for United salvage corp. of america

$270,750

United salvage corp. of america was initially approved for PPP Loan of amount $270,750, the current approved amount is $270,750. The loan was approved on 04/06/2020 by The MutualOne Bank reported 16 jobs and $270,750 was used to fund payroll.

United salvage corp. of america is Existing or more than 2 years old

UNITED SALVAGE CORP. OF AMERICA

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

UNITED SALVAGE CORP. OF AMERICA

Borrower Address

120 WAVERLEY ST

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01702-7132

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270750.00

Current Approval Amount

270750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-7132

CD

MA-05

Jobs Reported

16

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8954.00

Payroll Proceed

175827.00

Mortgage Interest Proceed

0.00

Rent Proceed

45400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40569.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272574.78

Forgiveness Date

12/17/2020

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