PPP Loan information for Consolidated machine corp

$722,300

Consolidated machine corp was initially approved for PPP Loan of amount $722,500, the current approved amount is $722,300. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 46 jobs and $722,300 was used to fund payroll.

Consolidated machine corp is Existing or more than 2 years old

CONSOLIDATED MACHINE CORP

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CONSOLIDATED MACHINE CORP

Borrower Address

3 ENTERPRISE RD STE C

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-5735

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722500.00

Current Approval Amount

722300.00

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

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-5735

CD

MA-06

Jobs Reported

46

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

722300.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

727616.93

Forgiveness Date

01/11/2021

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