PPP Loan information for Olympic adhesives inc

$540,000

Olympic adhesives inc was initially approved for PPP Loan of amount $540,000, the current approved amount is $540,000. The loan was approved on 03/12/2021 by The Santander Bank, National Association reported 33 jobs and $540,000 was used to fund payroll.

Olympic adhesives inc is Existing or more than 2 years old

OLYMPIC ADHESIVES INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OLYMPIC ADHESIVES INC

Borrower Address

670 Canton St

Borrower City

Norwood

Borrower State

MA

Borrower Zip

02062-2671

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

540000.00

Current Approval Amount

540000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-2671

CD

MA-08

Jobs Reported

33

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

539998.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

542633.42

Forgiveness Date

09/13/2021

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