Martel Welding & Sons, Inc.
$278,912 PPP Loan in Tewksbury, Massachusetts
Loan Details
- Loan Number
- 2101457107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $278,912
- Current Approval
- $278,912
- Forgiveness Amount
- $281,701
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Martel Welding & Sons, Inc.
- Address
- 500 Woburn St
- City
- Tewksbury
- State
- Massachusetts
- ZIP Code
- 01876-3443
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $223,130
- Rent
- $12,321
- Utilities
- $6,845
- Health Care
- $27,002
- Mortgage Interest
- $9,614
Lender Information
- Servicing Lender
- The Lowell Five Cent Savings Bank
- Originating Lender
- The Lowell Five Cent Savings Bank
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