PPP Loan information for Interstate specialty products

$387,500

Interstate specialty products was initially approved for PPP Loan of amount $387,500, the current approved amount is $387,500. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 30 jobs and $387,500 was used to fund payroll.

Interstate specialty products is Existing or more than 2 years old

INTERSTATE SPECIALTY PRODUCTS

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INTERSTATE SPECIALTY PRODUCTS

Borrower Address

55 GILMORE DR

Borrower City

SUTTON

Borrower State

MA

Borrower Zip

01590-2745

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387500.00

Current Approval Amount

387500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUTTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01590-2745

CD

MA-02

Jobs Reported

30

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387500.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390417.01

Forgiveness Date

01/14/2021

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