PPP Loan information for Eastern metal industries

$203,082

Eastern metal industries was initially approved for PPP Loan of amount $203,082, the current approved amount is $203,082. The loan was approved on 02/25/2021 by The Eastern Bank reported 13 jobs and $203,082 was used to fund payroll.

Eastern metal industries is Existing or more than 2 years old

EASTERN METAL INDUSTRIES

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

EASTERN METAL INDUSTRIES

Borrower Address

910 Broadway Ste Rear

Borrower City

Saugus

Borrower State

MA

Borrower Zip

01906-3282

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

203082.00

Current Approval Amount

203082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saugus

Project County Name

ESSEX

Project State

MA

Project Zip

01906-3282

CD

MA-06

Jobs Reported

13

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203082.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205203.08

Forgiveness Date

03/22/2022

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