PPP Loan information for Worthen industries, inc.

$3,500,000

Worthen industries, inc. was initially approved for PPP Loan of amount $3,500,000, the current approved amount is $3,500,000. The loan was approved on 04/14/2020 by The Santander Bank, National Association reported 310 jobs and $3,500,000 was used to fund payroll.

Worthen industries, inc. is Existing or more than 2 years old

WORTHEN INDUSTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

WORTHEN INDUSTRIES, INC.

Borrower Address

3 East Spit Brook Rd

Borrower City

Nashua

Borrower State

NH

Borrower Zip

03060

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3500000.00

Current Approval Amount

3500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Nashua

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-0002

CD

NH-02

Jobs Reported

310

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3500000.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3544493.15

Forgiveness Date

07/29/2021

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