PPP Loan information for Severance trucking co., inc.

$900,665

Severance trucking co., inc. was initially approved for PPP Loan of amount $900,665, the current approved amount is $900,665. The loan was approved on 04/15/2020 by The Cambridge Trust Company reported 63 jobs and $900,665 was used to fund payroll.

Severance trucking co., inc. is Existing or more than 2 years old

SEVERANCE TRUCKING CO., INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SEVERANCE TRUCKING CO., INC.

Borrower Address

49 MCGRATH RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-2838

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900665.00

Current Approval Amount

900665.00

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

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-2838

CD

MA-03

Jobs Reported

63

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900665.00

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

909196.30

Forgiveness Date

03/31/2021

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