PPP Loan information for Dry zone basement systems, inc.

$380,000

Dry zone basement systems, inc. was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 04/05/2020 by The Mechanics Cooperative Bank reported 30 jobs and $380,000 was used to fund payroll.

Dry zone basement systems, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BRIDGEWATER / Dry zone basement systems, inc.

DRY ZONE BASEMENT SYSTEMS, INC.

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRY ZONE BASEMENT SYSTEMS, INC.

Borrower Address

850 Bedford St

Borrower City

BRIDGEWATER

Borrower State

MA

Borrower Zip

02324-3010

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEWATER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02324-3010

CD

MA-09

Jobs Reported

30

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

332600.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383705.00

Forgiveness Date

04/02/2021

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