PPP Loan information for Packard machinery company, inc.

$183,500

Packard machinery company, inc. was initially approved for PPP Loan of amount $183,500, the current approved amount is $183,500. The loan was approved on 04/08/2020 by The The Lowell Five Cent Savings Bank reported 11 jobs and $183,500 was used to fund payroll.

Packard machinery company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WESTFORD / Packard machinery company, inc.

PACKARD MACHINERY COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PACKARD MACHINERY COMPANY, INC.

Borrower Address

504 GROTON RD

Borrower City

WESTFORD

Borrower State

MA

Borrower Zip

01886-1151

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183500.00

Current Approval Amount

183500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-1151

CD

MA-03

Jobs Reported

11

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13700.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184515.53

Forgiveness Date

11/03/2020

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