PPP Loan information for Avalatec awning inc

$113,950

Avalatec awning inc was initially approved for PPP Loan of amount $113,950, the current approved amount is $113,950. The loan was approved on 04/14/2020 by The Eastern Bank reported 13 jobs and $113,950 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

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AVALATEC AWNING INC

Borrower Address

270 FRANKLIN ST

Borrower City

MELROSE

Borrower State

MA

Borrower Zip

02176-1823

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113950.00

Current Approval Amount

113950.00

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

13

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113950.00

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

115396.53

Forgiveness Date

07/29/2021

;