PPP Loan information for Heat trace products llc

$306,415

Heat trace products llc was initially approved for PPP Loan of amount $306,415, the current approved amount is $306,415. The loan was approved on 02/18/2021 by The Eastern Bank reported 20 jobs and $306,415 was used to fund payroll.

Heat trace products llc is Existing or more than 2 years old

HEAT TRACE PRODUCTS LLC

Date Approved

02/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HEAT TRACE PRODUCTS LLC

Borrower Address

233 Florence St

Borrower City

Leominster

Borrower State

MA

Borrower Zip

01453-4409

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306415.00

Current Approval Amount

306415.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Leominster

Project County Name

WORCESTER

Project State

MA

Project Zip

01453-4409

CD

MA-02

Jobs Reported

20

NAICS Code

335931

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

306411.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309274.87

Forgiveness Date

01/31/2022

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