PPP Loan information for Mid-city scrap iron & salvage co inc

$739,576

Mid-city scrap iron & salvage co inc was initially approved for PPP Loan of amount $739,576, the current approved amount is $739,576. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 63 jobs and $739,576 was used to fund payroll.

Mid-city scrap iron & salvage co inc is New Business or 2 years or less

PPP Loan Search / MA / WESTPORT / Mid-city scrap iron & salvage co inc

MID-CITY SCRAP IRON & SALVAGE CO INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MID-CITY SCRAP IRON & SALVAGE CO INC

Borrower Address

548 STATE RD

Borrower City

WESTPORT

Borrower State

MA

Borrower Zip

02790-3427

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

739576.00

Current Approval Amount

739576.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESTPORT

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-3427

CD

MA-09

Jobs Reported

63

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

739576.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

745269.72

Forgiveness Date

02/10/2021

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