PPP Loan information for Avalatec awning inc

$107,480

Avalatec awning inc was initially approved for PPP Loan of amount $107,480, the current approved amount is $107,480. The loan was approved on 02/10/2021 by The Eastern Bank reported 14 jobs and $107,480 was used to fund payroll.

Avalatec awning inc is Existing or more than 2 years old

PPP Loan Search / MA / Melrose / Avalatec awning inc

AVALATEC AWNING INC

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AVALATEC AWNING INC

Borrower Address

270 Franklin St

Borrower City

Melrose

Borrower State

MA

Borrower Zip

02176-1823

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107480.00

Current Approval Amount

107480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-1823

CD

MA-05

Jobs Reported

14

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107475.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108960.84

Forgiveness Date

06/24/2022

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