PPP Loan information for King's material corp

$69,700

King's material corp was initially approved for PPP Loan of amount $69,700, the current approved amount is $69,700. The loan was approved on 02/05/2021 by The Salem Five Cents Savings Bank reported 9 jobs and $69,700 was used to fund payroll.

King's material corp is Existing or more than 2 years old

KING'S MATERIAL CORP

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KING'S MATERIAL CORP

Borrower Address

79 Bayberry Hill Rd

Borrower City

West Townsend

Borrower State

MA

Borrower Zip

01474-1120

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69700.00

Current Approval Amount

69700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Townsend

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01474-1120

CD

MA-03

Jobs Reported

9

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69699.00

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

Non-Veteran

Non Profit

Forgiveness Amount

70120.14

Forgiveness Date

09/14/2021

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