PPP Loan information for American concrete cutting inc

$98,385

American concrete cutting inc was initially approved for PPP Loan of amount $98,385, the current approved amount is $98,385. The loan was approved on 01/22/2021 by The North Shore Bank, a Co-operative Bank reported 8 jobs and $98,385 was used to fund payroll.

American concrete cutting inc is Existing or more than 2 years old

AMERICAN CONCRETE CUTTING INC

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMERICAN CONCRETE CUTTING INC

Borrower Address

87 New Salem St Ste 3

Borrower City

Wakefield

Borrower State

MA

Borrower Zip

01880-6322

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98384.75

Current Approval Amount

98384.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-6322

CD

MA-06

Jobs Reported

8

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98379.75

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

Corporation

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98865.74

Forgiveness Date

07/30/2021

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