PPP Loan information for Designer lawn sprinkler

$50,000

Designer lawn sprinkler was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 03/27/2021 by The Eastern Bank reported 7 jobs and $50,000 was used to fund payroll.

Designer lawn sprinkler is Existing or more than 2 years old

DESIGNER LAWN SPRINKLER

Date Approved

03/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DESIGNER LAWN SPRINKLER

Borrower Address

35 Hopkins St

Borrower City

Wakefield

Borrower State

MA

Borrower Zip

01880-2154

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-2154

CD

MA-06

Jobs Reported

7

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49997.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50325.00

Forgiveness Date

12/06/2021

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