PPP Loan information for Fathers & sons inc

$932,893

Fathers & sons inc was initially approved for PPP Loan of amount $1,104,238, the current approved amount is $932,893. The loan was approved on 02/01/2021 by The Greenfield Savings Bank reported 88 jobs and $932,893 was used to fund payroll.

Fathers & sons inc is Existing or more than 2 years old

PPP Loan Search / MA / West Springfield / Fathers & sons inc

FATHERS & SONS INC

Date Approved

02/01/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

FATHERS & SONS INC

Borrower Address

434 Memorial Ave

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089-4010

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1104237.50

Current Approval Amount

932892.50

Undisbursed Amount

0.00

Franchise Name

Audi Dealer Agreement

Servicing Lender Location Id

32838

Servicing Lender Name

Greenfield Savings Bank

Servicing Lender Address

400 Main St

Servicing Lender City

GREENFIELD

Servicing Lender State

MA

Servicing Lender Zip

01301-3305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-4010

CD

MA-01

Jobs Reported

88

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

932889.50

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

32838

Originating Lender

Greenfield Savings Bank

Originating Lender City

GREENFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

940943.49

Forgiveness Date

12/21/2021

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