PPP Loan information for Colonial staffing group, inc

$1,395,000

Colonial staffing group, inc was initially approved for PPP Loan of amount $1,395,000, the current approved amount is $1,395,000. The loan was approved on 04/06/2020 by The Homefield Credit Union reported 228 jobs and $1,395,000 was used to fund payroll.

Colonial staffing group, inc is Existing or more than 2 years old

COLONIAL STAFFING GROUP, INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COLONIAL STAFFING GROUP, INC

Borrower Address

95 MILL BROOK AVE

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-2162

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1395000.00

Current Approval Amount

1395000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98345

Servicing Lender Name

Homefield Credit Union

Servicing Lender Address

86 Worcester St

Servicing Lender City

NORTH GRAFTON

Servicing Lender State

MA

Servicing Lender Zip

01536-1020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALPOLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-2162

CD

MA-08

Jobs Reported

228

NAICS Code

561330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1046492.00

Mortgage Interest Proceed

0.00

Rent Proceed

9048.00

Refinance EIDL Proceed

0.00

Health Care Proceed

169891.00

Debt Interest Proceed

169569

Business Type

Corporation

Originating Lender Location Id

98345

Originating Lender

Homefield Credit Union

Originating Lender City

NORTH GRAFTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1409880.00

Forgiveness Date

05/05/2021

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