PPP Loan information for Allain and son inc

$29,700

Allain and son inc was initially approved for PPP Loan of amount $29,700, the current approved amount is $29,700. The loan was approved on 02/02/2021 by The Salem Five Cents Savings Bank reported 2 jobs and $29,700 was used to fund payroll.

Allain and son inc is Existing or more than 2 years old

ALLAIN AND SON INC

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALLAIN AND SON INC

Borrower Address

10A Rainbow Ter

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-3720

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29700.00

Current Approval Amount

29700.00

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

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-3720

CD

MA-06

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29699.00

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

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

29921.10

Forgiveness Date

11/01/2021

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