PPP Loan information for Roundel motor werks inc

$54,550

Roundel motor werks inc was initially approved for PPP Loan of amount $54,550, the current approved amount is $54,550. The loan was approved on 04/08/2020 by The Eastern Bank reported 4 jobs and $54,550 was used to fund payroll.

Roundel motor werks inc is Existing or more than 2 years old

ROUNDEL MOTOR WERKS INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROUNDEL MOTOR WERKS INC

Borrower Address

11 JAN SEBASTIAN DR

Borrower City

SANDWICH

Borrower State

MA

Borrower Zip

02563-2325

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54550.00

Current Approval Amount

54550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANDWICH

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02563-2325

CD

MA-09

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54550.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54915.18

Forgiveness Date

12/15/2020

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