PPP Loan information for Fernco development inc

$55,000

Fernco development inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/12/2021 by The Navigant CU reported 5 jobs and $55,000 was used to fund payroll.

Fernco development inc is Existing or more than 2 years old

PPP Loan Search / MA / Seekonk / Fernco development inc

FERNCO DEVELOPMENT INC

Date Approved

04/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FERNCO DEVELOPMENT INC

Borrower Address

294 Taunton Ave

Borrower City

Seekonk

Borrower State

MA

Borrower Zip

02771-5231

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Minuteman Press

Servicing Lender Location Id

104771

Servicing Lender Name

Navigant CU

Servicing Lender Address

1005 Douglas Pike

Servicing Lender City

SMITHFIELD

Servicing Lender State

RI

Servicing Lender Zip

02917-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seekonk

Project County Name

BRISTOL

Project State

MA

Project Zip

02771-5231

CD

MA-04

Jobs Reported

5

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54997.00

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

Subchapter S Corporation

Originating Lender Location Id

104771

Originating Lender

Navigant CU

Originating Lender City

SMITHFIELD

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55380.42

Forgiveness Date

12/20/2021

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