PPP Loan information for Sons marine & industrial inc

$607,925

Sons marine & industrial inc was initially approved for PPP Loan of amount $607,925, the current approved amount is $607,925. The loan was approved on 02/16/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 50 jobs and $607,925 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

02/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SONS MARINE & INDUSTRIAL INC

Borrower Address

566 Wilbur Ave

Borrower City

Swansea

Borrower State

MA

Borrower Zip

02777-2159

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

607925.00

Current Approval Amount

607925.00

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

02777-2159

CD

MA-04

Jobs Reported

50

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

607923.00

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

610489.94

Forgiveness Date

07/23/2021

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