PPP Loan information for Marlborough foundry, inc.

$328,200

Marlborough foundry, inc. was initially approved for PPP Loan of amount $328,200, the current approved amount is $328,200. The loan was approved on 04/27/2020 by The Avidia Bank reported 24 jobs and $328,200 was used to fund payroll.

Marlborough foundry, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MARLBOROUGH / Marlborough foundry, inc.

MARLBOROUGH FOUNDRY, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARLBOROUGH FOUNDRY, INC.

Borrower Address

555 MAPLE ST

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-3268

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328200.00

Current Approval Amount

328200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3268

CD

MA-03

Jobs Reported

24

NAICS Code

331524

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

328200.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329841.00

Forgiveness Date

11/03/2020

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