PPP Loan information for Sal's clothing and fabric restoration inc.

$383,600

Sal's clothing and fabric restoration inc. was initially approved for PPP Loan of amount $383,600, the current approved amount is $383,600. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 40 jobs and $383,600 was used to fund payroll.

Sal's clothing and fabric restoration inc. is Existing or more than 2 years old

SAL'S CLOTHING AND FABRIC RESTORATION INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SAL'S CLOTHING AND FABRIC RESTORATION INC.

Borrower Address

15 Henderson S

Borrower City

Everett

Borrower State

MA

Borrower Zip

02149

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383600.00

Current Approval Amount

383600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-0001

CD

MA-07

Jobs Reported

40

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383600.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389191.10

Forgiveness Date

10/08/2021

;