PPP Loan information for Worcester manufacturing inc

$506,455

Worcester manufacturing inc was initially approved for PPP Loan of amount $506,455, the current approved amount is $506,455. The loan was approved on 03/12/2021 by The Loan Source Incorporated reported 56 jobs and $506,455 was used to fund payroll.

Worcester manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / Worcester manufacturing inc

WORCESTER MANUFACTURING INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WORCESTER MANUFACTURING INC

Borrower Address

35 New St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01605-3324

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

506455.00

Current Approval Amount

506455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01605-3324

CD

MA-02

Jobs Reported

56

NAICS Code

332813

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

506455.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509757.36

Forgiveness Date

11/15/2021

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