PPP Loan information for Minco development corporation

$158,975

Minco development corporation was initially approved for PPP Loan of amount $158,975, the current approved amount is $158,975. The loan was approved on 02/23/2021 by The Pentucket Bank reported 12 jobs and $158,975 was used to fund payroll.

Minco development corporation is Existing or more than 2 years old

MINCO DEVELOPMENT CORPORATION

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MINCO DEVELOPMENT CORPORATION

Borrower Address

231 Sutton St Ste 1B

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845-1620

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158975.00

Current Approval Amount

158975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32855

Servicing Lender Name

Pentucket Bank

Servicing Lender Address

1 Merrimack St

Servicing Lender City

HAVERHILL

Servicing Lender State

MA

Servicing Lender Zip

01830-6231

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1620

CD

MA-06

Jobs Reported

12

NAICS Code

531320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158973.00

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

32855

Originating Lender

Pentucket Bank

Originating Lender City

HAVERHILL

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159814.03

Forgiveness Date

09/09/2021

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