PPP Loan information for Essen foods inc.

$1,407,001

Essen foods inc. was initially approved for PPP Loan of amount $1,407,001, the current approved amount is $1,407,001. The loan was approved on 01/21/2021 by The North Shore Bank, a Co-operative Bank reported 105 jobs and $1,407,001 was used to fund payroll.

Essen foods inc. is Existing or more than 2 years old

ESSEN FOODS INC.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ESSEN FOODS INC.

Borrower Address

12 Sylvan St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-1607

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1407001.22

Current Approval Amount

1407001.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1607

CD

MA-06

Jobs Reported

105

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1406996.22

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1426112.99

Forgiveness Date

06/01/2022

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