PPP Loan information for Channel building company inc.

$247,027

Channel building company inc. was initially approved for PPP Loan of amount $247,027, the current approved amount is $247,027. The loan was approved on 01/20/2021 by The The Lowell Five Cent Savings Bank reported 12 jobs and $247,027 was used to fund payroll.

Channel building company inc. is Existing or more than 2 years old

PPP Loan Search / MA / Wilmington / Channel building company inc.

CHANNEL BUILDING COMPANY INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CHANNEL BUILDING COMPANY INC.

Borrower Address

355 Middlesex Ave Unit 7

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-2158

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

247027.00

Current Approval Amount

247027.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-2158

CD

MA-06

Jobs Reported

12

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

247027.00

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

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249862.73

Forgiveness Date

03/24/2022

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