PPP Loan information for Mid city scrap iron and salvage co. inc

$760,227

Mid city scrap iron and salvage co. inc was initially approved for PPP Loan of amount $760,227, the current approved amount is $760,227. The loan was approved on 02/23/2021 by The Mechanics Cooperative Bank reported 85 jobs and $760,227 was used to fund payroll.

Mid city scrap iron and salvage co. inc is Existing or more than 2 years old

PPP Loan Search / MA / Westport / Mid city scrap iron and salvage co. inc

MID CITY SCRAP IRON AND SALVAGE CO. INC

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MID CITY SCRAP IRON AND SALVAGE CO. INC

Borrower Address

548 State Rd

Borrower City

Westport

Borrower State

MA

Borrower Zip

02790-3427

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

760227.00

Current Approval Amount

760227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westport

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-3427

CD

MA-09

Jobs Reported

85

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

760226.00

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

762592.15

Forgiveness Date

06/18/2021

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