PPP Loan information for Payroll risk management, inc.

$858,700

Payroll risk management, inc. was initially approved for PPP Loan of amount $858,700, the current approved amount is $858,700. The loan was approved on 04/28/2020 by The Digital FCU reported 250 jobs and $858,700 was used to fund payroll.

Payroll risk management, inc. is New Business or 2 years or less

PAYROLL RISK MANAGEMENT, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PAYROLL RISK MANAGEMENT, INC.

Borrower Address

679 Worcester Road

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-1845

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

858700.00

Current Approval Amount

858700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-1845

CD

MA-05

Jobs Reported

250

NAICS Code

561320

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

858700.00

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

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

869839.25

Forgiveness Date

08/17/2021

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