PPP Loan information for Massolit inc

$27,500

Massolit inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 02/16/2021 by The Eastern Bank reported 10 jobs and $27,500 was used to fund payroll.

Massolit inc is Existing or more than 2 years old

MASSOLIT INC

Date Approved

02/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MASSOLIT INC

Borrower Address

10 Langley Rd Ste 102

Borrower City

Newton

Borrower State

MA

Borrower Zip

02459-1972

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

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

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02459-1972

CD

MA-04

Jobs Reported

10

NAICS Code

451211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27495.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27793.33

Forgiveness Date

03/10/2022

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