PPP Loan information for Cormack construction management, inc

$318,000

Cormack construction management, inc was initially approved for PPP Loan of amount $318,000, the current approved amount is $318,000. The loan was approved on 04/09/2020 by The Northway Bank reported 26 jobs and $318,000 was used to fund payroll.

Cormack construction management, inc is Existing or more than 2 years old

CORMACK CONSTRUCTION MANAGEMENT, INC

Date Approved

04/09/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

CORMACK CONSTRUCTION MANAGEMENT, INC

Borrower Address

46 E MADISON RD

Borrower City

MADISON

Borrower State

NH

Borrower Zip

03849-5830

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318000.00

Current Approval Amount

318000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

CARROLL

Project State

NH

Project Zip

03849-5830

CD

NH-01

Jobs Reported

26

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310723.00

Mortgage Interest Proceed

6400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

877.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

319757.83

Forgiveness Date

11/03/2020

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