PPP Loan information for Ripsaw designs, llc

$541,982

Ripsaw designs, llc was initially approved for PPP Loan of amount $541,982, the current approved amount is $541,982. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 60 jobs and $541,982 was used to fund payroll.

Ripsaw designs, llc is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Ripsaw designs, llc

RIPSAW DESIGNS, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RIPSAW DESIGNS, LLC

Borrower Address

7 Hillside Rd 2 Shaker Rd, Shirley MA 01464

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

541982.00

Current Approval Amount

541982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-0001

CD

MA-05

Jobs Reported

60

NAICS Code

321999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

541982.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

545986.64

Forgiveness Date

01/13/2021

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