PPP Loan information for Railroad avenue associates, inc.

$52,500

Railroad avenue associates, inc. was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/07/2020 by The BankGloucester reported 13 jobs and $52,500 was used to fund payroll.

Railroad avenue associates, inc. is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Railroad avenue associates, inc.

RAILROAD AVENUE ASSOCIATES, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAILROAD AVENUE ASSOCIATES, INC.

Borrower Address

40 RAILROAD AVE

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-3547

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-3547

CD

MA-06

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53171.71

Forgiveness Date

07/28/2021

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