PPP Loan information for King's material corporation

$69,700

King's material corporation was initially approved for PPP Loan of amount $69,700, the current approved amount is $69,700. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 9 jobs and $69,700 was used to fund payroll.

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

PPP Loan Search / MA / WEST TOWNSEND / King's material corporation

KING'S MATERIAL CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

KING'S MATERIAL CORPORATION

Borrower Address

79 Bayberry Road

Borrower City

WEST TOWNSEND

Borrower State

MA

Borrower Zip

01474

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

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

01474-0002

CD

MA-03

Jobs Reported

9

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69700.00

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

70265.34

Forgiveness Date

02/04/2021

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