PPP Loan information for Melrose oriental rug co

$88,647

Melrose oriental rug co was initially approved for PPP Loan of amount $88,647, the current approved amount is $88,647. The loan was approved on 03/24/2021 by The Eastern Bank reported 7 jobs and $88,647 was used to fund payroll.

Melrose oriental rug co is Existing or more than 2 years old

PPP Loan Search / MA / Melrose / Melrose oriental rug co

MELROSE ORIENTAL RUG CO

Date Approved

03/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MELROSE ORIENTAL RUG CO

Borrower Address

937 Main St

Borrower City

Melrose

Borrower State

MA

Borrower Zip

02176-2322

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88647.00

Current Approval Amount

88647.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-2322

CD

MA-05

Jobs Reported

7

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88645.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89439.90

Forgiveness Date

02/14/2022

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