PPP Loan information for The pappas company inc.

$725,000

The pappas company inc. was initially approved for PPP Loan of amount $725,000, the current approved amount is $725,000. The loan was approved on 02/09/2021 by The The Village Bank reported 29 jobs and $725,000 was used to fund payroll.

The pappas company inc. is Existing or more than 2 years old

THE PAPPAS COMPANY INC.

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE PAPPAS COMPANY INC.

Borrower Address

12 Bridge St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-4811

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

725000.00

Current Approval Amount

725000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-4811

CD

MA-05

Jobs Reported

29

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

724998.00

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

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

734156.85

Forgiveness Date

05/26/2022

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