PPP Loan information for Delta magnetics & controls inc

$94,800

Delta magnetics & controls inc was initially approved for PPP Loan of amount $94,800, the current approved amount is $94,800. The loan was approved on 04/05/2020 by The South Shore Bank reported 8 jobs and $94,800 was used to fund payroll.

Delta magnetics & controls inc is Existing or more than 2 years old

DELTA MAGNETICS & CONTROLS INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DELTA MAGNETICS & CONTROLS INC

Borrower Address

275 CENTRE ST

Borrower City

HOLBROOK

Borrower State

MA

Borrower Zip

02343-1079

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94800.00

Current Approval Amount

94800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLBROOK

Project County Name

NORFOLK

Project State

MA

Project Zip

02343-1079

CD

MA-08

Jobs Reported

8

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94800.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95779.60

Forgiveness Date

04/22/2021

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