PPP Loan information for Diamond iron works, inc.

$777,923

Diamond iron works, inc. was initially approved for PPP Loan of amount $777,923, the current approved amount is $777,923. The loan was approved on 04/06/2020 by The Bank of New England reported 57 jobs and $777,923 was used to fund payroll.

Diamond iron works, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LAWRENCE / Diamond iron works, inc.

DIAMOND IRON WORKS, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DIAMOND IRON WORKS, INC.

Borrower Address

109 BLANCHARD ST

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01843-1415

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

777922.50

Current Approval Amount

777922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43165

Servicing Lender Name

Bank of New England

Servicing Lender Address

31 Pelham Rd

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-4892

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01843-1415

CD

MA-03

Jobs Reported

57

NAICS Code

331210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

777922.50

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

Subchapter S Corporation

Originating Lender Location Id

43165

Originating Lender

Bank of New England

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

783843.35

Forgiveness Date

01/14/2021

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