PPP Loan information for Lorusso materials corp

$731,900

Lorusso materials corp was initially approved for PPP Loan of amount $731,900, the current approved amount is $731,900. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 34 jobs and $731,900 was used to fund payroll.

Lorusso materials corp is Existing or more than 2 years old

PPP Loan Search / MA / Plainville / Lorusso materials corp

LORUSSO MATERIALS CORP

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LORUSSO MATERIALS CORP

Borrower Address

3 Belcher Street

Borrower City

Plainville

Borrower State

MA

Borrower Zip

02762

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

731900.00

Current Approval Amount

731900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainville

Project County Name

NORFOLK

Project State

MA

Project Zip

02762-0293

CD

MA-04

Jobs Reported

34

NAICS Code

212321

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

731900.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

742046.34

Forgiveness Date

09/16/2021

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