PPP Loan information for Labor connections inc.

$512,000

Labor connections inc. was initially approved for PPP Loan of amount $512,000, the current approved amount is $512,000. The loan was approved on 04/28/2020 by The Eastern Bank reported 300 jobs and $512,000 was used to fund payroll.

Labor connections inc. is Existing or more than 2 years old

LABOR CONNECTIONS INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LABOR CONNECTIONS INC.

Borrower Address

515 SARATOGA ST

Borrower City

EAST BOSTON

Borrower State

MA

Borrower Zip

02128

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512000.00

Current Approval Amount

512000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02128-0001

CD

MA-07

Jobs Reported

300

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512000.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

518101.33

Forgiveness Date

07/09/2021

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