PPP Loan information for Woodco machinery inc

$497,200

Woodco machinery inc was initially approved for PPP Loan of amount $1,016,300, the current approved amount is $497,200. The loan was approved on 04/15/2020 by The Berkshire Bank reported 32 jobs and $497,200 was used to fund payroll.

Woodco machinery inc is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Woodco machinery inc

WOODCO MACHINERY INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WOODCO MACHINERY INC

Borrower Address

22 N MAPLE ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-1707

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1016300.00

Current Approval Amount

497200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1707

CD

MA-05

Jobs Reported

32

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497200.00

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

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502893.96

Forgiveness Date

06/22/2021

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