PPP Loan information for Sears property management, inc

$92,700

Sears property management, inc was initially approved for PPP Loan of amount $92,700, the current approved amount is $92,700. The loan was approved on 04/11/2020 by The New Valley Bank & Trust reported 12 jobs and $92,700 was used to fund payroll.

Sears property management, inc is Existing or more than 2 years old

SEARS PROPERTY MANAGEMENT, INC

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SEARS PROPERTY MANAGEMENT, INC

Borrower Address

928 BELMONT AVE

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01108-2421

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92700.00

Current Approval Amount

92700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01108-2421

CD

MA-01

Jobs Reported

12

NAICS Code

531190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92700.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93510.17

Forgiveness Date

03/02/2021

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