PPP Loan information for Tw excavating & development corp.

$388,200

Tw excavating & development corp. was initially approved for PPP Loan of amount $388,200, the current approved amount is $388,200. The loan was approved on 04/04/2020 by The Institution for Savings In Newburyport and its Vicinity reported 23 jobs and $388,200 was used to fund payroll.

Tw excavating & development corp. is Existing or more than 2 years old

PPP Loan Search / MA / NEWBURY / Tw excavating & development corp.

TW EXCAVATING & DEVELOPMENT CORP.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TW EXCAVATING & DEVELOPMENT CORP.

Borrower Address

108 Newburyport Turnpike

Borrower City

NEWBURY

Borrower State

MA

Borrower Zip

01951-1606

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388200.00

Current Approval Amount

388200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01951-1606

CD

MA-06

Jobs Reported

23

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48525.00

Payroll Proceed

291150.00

Mortgage Interest Proceed

0.00

Rent Proceed

48525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

391656.58

Forgiveness Date

03/05/2021

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