PPP Loan information for Sherman lock inc

$62,218

Sherman lock inc was initially approved for PPP Loan of amount $62,218, the current approved amount is $62,218. The loan was approved on 05/28/2020 by The Watertown Savings Bank reported 6 jobs and $62,218 was used to fund payroll.

Sherman lock inc is Existing or more than 2 years old

PPP Loan Search / MA / WALTHAM / Sherman lock inc

SHERMAN LOCK INC

Date Approved

05/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHERMAN LOCK INC

Borrower Address

673 MOODY ST

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02453-5182

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62218.00

Current Approval Amount

62218.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02453-5182

CD

MA-05

Jobs Reported

6

NAICS Code

561622

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62218.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62743.40

Forgiveness Date

03/30/2021

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