PPP Loan information for Comdec, incorporated

$312,000

Comdec, incorporated was initially approved for PPP Loan of amount $419,600, the current approved amount is $312,000. The loan was approved on 04/29/2020 by The BankProv reported 33 jobs and $312,000 was used to fund payroll.

Comdec, incorporated is Existing or more than 2 years old

PPP Loan Search / MA / NEWBURYPORT / Comdec, incorporated

COMDEC, INCORPORATED

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMDEC, INCORPORATED

Borrower Address

25 Hale Street

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419600.00

Current Approval Amount

312000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-0001

CD

MA-06

Jobs Reported

33

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

312000.00

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

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

314054.00

Forgiveness Date

12/31/2020

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