PPP Loan information for Piconics, inc

$716,400

Piconics, inc was initially approved for PPP Loan of amount $716,400, the current approved amount is $716,400. The loan was approved on 04/15/2020 by The Enterprise Bank and Trust Company reported 62 jobs and $716,400 was used to fund payroll.

Piconics, inc is Existing or more than 2 years old

PPP Loan Search / MA / TYNGSBORO / Piconics, inc

PICONICS, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PICONICS, INC

Borrower Address

26 CUMMINGS RD

Borrower City

TYNGSBORO

Borrower State

MA

Borrower Zip

01879-1406

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

716400.00

Current Approval Amount

716400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYNGSBORO

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01879-1406

CD

MA-03

Jobs Reported

62

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12800.00

Payroll Proceed

615800.00

Mortgage Interest Proceed

0.00

Rent Proceed

20800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

720857.60

Forgiveness Date

12/02/2020

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