PPP Loan information for Elmwood donuts inc

$238,910

Elmwood donuts inc was initially approved for PPP Loan of amount $238,910, the current approved amount is $238,910. The loan was approved on 01/29/2021 by The Middlesex Savings Bank reported 40 jobs and $238,910 was used to fund payroll.

Elmwood donuts inc is Existing or more than 2 years old

ELMWOOD DONUTS INC

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ELMWOOD DONUTS INC

Borrower Address

310 Commonwealth Rd

Borrower City

Wayland

Borrower State

MA

Borrower Zip

01778-5006

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238910.00

Current Approval Amount

238910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01778-5006

CD

MA-05

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

238903.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240137.73

Forgiveness Date

08/10/2021

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