PPP Loan information for G. lopes construction, inc.

$2,605,100

G. lopes construction, inc. was initially approved for PPP Loan of amount $2,602,800, the current approved amount is $2,605,100. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 208 jobs and $2,605,100 was used to fund payroll.

G. lopes construction, inc. is Existing or more than 2 years old

PPP Loan Search / MA / TAUNTON / G. lopes construction, inc.

G. LOPES CONSTRUCTION, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

G. LOPES CONSTRUCTION, INC.

Borrower Address

490 Winthrop St

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-2185

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2602800.00

Current Approval Amount

2605100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-2185

CD

MA-04

Jobs Reported

208

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

2320000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65100.00

Debt Interest Proceed

120000

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2635782.29

Forgiveness Date

06/14/2021

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