PPP Loan information for J. marchese & sons inc.

$698,930

J. marchese & sons inc. was initially approved for PPP Loan of amount $698,930, the current approved amount is $698,930. The loan was approved on 03/26/2021 by The Salem Five Cents Savings Bank reported 36 jobs and $698,930 was used to fund payroll.

J. marchese & sons inc. is Existing or more than 2 years old

PPP Loan Search / MA / Everett / J. marchese & sons inc.

J. MARCHESE & SONS INC.

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

J. MARCHESE & SONS INC.

Borrower Address

69 Norman St

Borrower City

Everett

Borrower State

MA

Borrower Zip

02149-1951

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

698930.00

Current Approval Amount

698930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-1951

CD

MA-07

Jobs Reported

36

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

698929.00

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

Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

703589.53

Forgiveness Date

11/26/2021

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