G. Lopes Construction, Inc.

$2,602,800 PPP Loan in Taunton, Massachusetts

Loan Details

Loan Number
4352997000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,602,800
Current Approval
$2,605,100
Forgiveness Amount
$2,635,782
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
G. Lopes Construction, Inc.
Address
490 Winthrop St
ZIP Code
02780-2185
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
208
Estimated Revenue
$77.9M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$2,320,000
Rent
$50,000
Utilities
$50,000
Health Care
$65,100
Debt Interest
$120,000

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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