PPP Loan information for Reading asphalt company, inc

$195,600

Reading asphalt company, inc was initially approved for PPP Loan of amount $282,200, the current approved amount is $195,600. The loan was approved on 04/28/2020 by The Salem Five Cents Savings Bank reported 15 jobs and $195,600 was used to fund payroll.

Reading asphalt company, inc is Existing or more than 2 years old

PPP Loan Search / MA / Reading / Reading asphalt company, inc

READING ASPHALT COMPANY, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

READING ASPHALT COMPANY, INC

Borrower Address

56 Berkeley St

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282200.00

Current Approval Amount

195600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-0001

CD

MA-06

Jobs Reported

15

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195600.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197393.00

Forgiveness Date

03/31/2021

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