PPP Loan information for Massiel distributors inc

$36,736

Massiel distributors inc was initially approved for PPP Loan of amount $36,736, the current approved amount is $36,736. The loan was approved on 02/24/2021 by The Enterprise Bank and Trust Company reported 5 jobs and $36,736 was used to fund payroll.

Massiel distributors inc is Existing or more than 2 years old

MASSIEL DISTRIBUTORS INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MASSIEL DISTRIBUTORS INC

Borrower Address

6 Chelmsford St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-4334

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36736.00

Current Approval Amount

36736.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-4334

CD

MA-03

Jobs Reported

5

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36734.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37273.77

Forgiveness Date

08/11/2022

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