PPP Loan information for Sarc inc.

$222,242

Sarc inc. was initially approved for PPP Loan of amount $222,242, the current approved amount is $222,242. The loan was approved on 04/28/2020 by The North Shore Bank, a Co-operative Bank reported 11 jobs and $222,242 was used to fund payroll.

Sarc inc. is Existing or more than 2 years old

PPP Loan Search / MA / SALISBURY / Sarc inc.

SARC INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SARC INC.

Borrower Address

7 Fanaras Drive

Borrower City

SALISBURY

Borrower State

MA

Borrower Zip

01952-1444

Loan Status Date

Loan Status

Exemption 4

Term

7

SBA Guaranty Percentage

100

Initial Approval Amount

222242.00

Current Approval Amount

222242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1444

CD

MA-06

Jobs Reported

11

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

222242.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;