PPP Loan information for Canal seafood company, inc

$737,000

Canal seafood company, inc was initially approved for PPP Loan of amount $738,500, the current approved amount is $737,000. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 60 jobs and $737,000 was used to fund payroll.

Canal seafood company, inc is Existing or more than 2 years old

PPP Loan Search / MA / SANDWICH / Canal seafood company, inc

CANAL SEAFOOD COMPANY, INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CANAL SEAFOOD COMPANY, INC

Borrower Address

20 FREEZER RD

Borrower City

SANDWICH

Borrower State

MA

Borrower Zip

02563-1826

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738500.00

Current Approval Amount

737000.00

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

SANDWICH

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02563-1826

CD

MA-09

Jobs Reported

60

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

737000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744533.78

Forgiveness Date

04/22/2021

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