PPP Loan information for Fotronic corporation

$627,647

Fotronic corporation was initially approved for PPP Loan of amount $621,350, the current approved amount is $627,647. The loan was approved on 04/15/2020 by The Eastern Bank reported 46 jobs and $627,647 was used to fund payroll.

Fotronic corporation is Existing or more than 2 years old

PPP Loan Search / MA / MELROSE / Fotronic corporation

FOTRONIC CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FOTRONIC CORPORATION

Borrower Address

99 Washington Street

Borrower City

MELROSE

Borrower State

MA

Borrower Zip

02176-6024

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621350.00

Current Approval Amount

627647.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MELROSE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-6024

CD

MA-05

Jobs Reported

46

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

627647.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

636765.32

Forgiveness Date

09/23/2021

;