Powell and Mahoney LLC

$118,599 PPP Loan in Salem, Massachusetts

Loan Details

Loan Number
2591807706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$118,599
Current Approval
$118,599
Forgiveness Amount
$112,507
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powell and Mahoney LLC
Address
39 Norman St
City
Salem
ZIP Code
01970
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (311999)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$87,981
Rent
$4,650
Health Care
$9,416
Debt Interest
$16,552

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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