PPP Loan information for Sons marine & industrial, inc

$1,120,800

Sons marine & industrial, inc was initially approved for PPP Loan of amount $1,120,800, the current approved amount is $1,120,800. The loan was approved on 04/04/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 83 jobs and $1,120,800 was used to fund payroll.

Sons marine & industrial, inc is Existing or more than 2 years old

PPP Loan Search / MA / SWANSEA / Sons marine & industrial, inc

SONS MARINE & INDUSTRIAL, INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SONS MARINE & INDUSTRIAL, INC

Borrower Address

566 Wilbur Avenue

Borrower City

SWANSEA

Borrower State

MA

Borrower Zip

02777-2127

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1120800.00

Current Approval Amount

1120800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANSEA

Project County Name

BRISTOL

Project State

MA

Project Zip

02777-2127

CD

MA-04

Jobs Reported

83

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1120800.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1044348.93

Forgiveness Date

01/20/2021

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