PPP Loan information for Drains by james inc

$196,522

Drains by james inc was initially approved for PPP Loan of amount $196,522, the current approved amount is $196,522. The loan was approved on 04/04/2021 by The Rockland Trust Company reported 17 jobs and $196,522 was used to fund payroll.

Drains by james inc is Existing or more than 2 years old

PPP Loan Search / MA / Wilmington / Drains by james inc

DRAINS BY JAMES INC

Date Approved

04/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DRAINS BY JAMES INC

Borrower Address

190 Main St Unit 6 0

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887-2044

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196522.00

Current Approval Amount

196522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-2044

CD

MA-06

Jobs Reported

17

NAICS Code

332913

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

196520.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197919.49

Forgiveness Date

12/20/2021

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