PPP Loan information for Sumco eco-contracting, llc

$1,608,000

Sumco eco-contracting, llc was initially approved for PPP Loan of amount $1,858,300, the current approved amount is $1,608,000. The loan was approved on 04/06/2020 by The Salem Five Cents Savings Bank reported 95 jobs and $1,608,000 was used to fund payroll.

Sumco eco-contracting, llc is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Sumco eco-contracting, llc

SUMCO ECO-CONTRACTING, LLC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SUMCO ECO-CONTRACTING, LLC

Borrower Address

2 CENTENNIAL DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7911

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1858300.00

Current Approval Amount

1608000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7911

CD

MA-06

Jobs Reported

95

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1608000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1620551.33

Forgiveness Date

01/25/2021

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