PPP Loan information for Reid mechanical corporation

$160,700

Reid mechanical corporation was initially approved for PPP Loan of amount $160,700, the current approved amount is $160,700. The loan was approved on 04/15/2020 by The Enterprise Bank and Trust Company reported 11 jobs and $160,700 was used to fund payroll.

Reid mechanical corporation is Existing or more than 2 years old

PPP Loan Search / MA / NORTH ANDOVER / Reid mechanical corporation

REID MECHANICAL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

REID MECHANICAL CORPORATION

Borrower Address

27 CHARLES ST #3

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-1664

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160700.00

Current Approval Amount

160700.00

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

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1664

CD

MA-06

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

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

162673.04

Forgiveness Date

07/09/2021

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