Sacks & Company, INC

$1,341,600 PPP Loan in Andover, Massachusetts

Loan Details

Loan Number
2986717109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,341,600
Current Approval
$1,341,600
Forgiveness Amount
$1,360,457
Forgiveness Date
Sep 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sacks & Company, INC
Address
44 Lowell Junction Rd
ZIP Code
01810-5916
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541820)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$1,082,100
Rent
$166,500
Utilities
$24,942
Health Care
$67,000
Debt Interest
$1,058

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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