Southbridge Sheet Metal Works, Inc.

$408,000 PPP Loan in Sturbridge, Massachusetts

Loan Details

Loan Number
4412377005
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$408,000
Current Approval
$408,000
Forgiveness Amount
$410,947
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southbridge Sheet Metal Works, Inc.
Address
441 Main Street
ZIP Code
01566-1055
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$336,000
Rent
$11,000
Utilities
$20,000
Health Care
$32,000
Debt Interest
$9,000

Lender Information

Servicing Lender
Webster Five Cents Savings Bank
Originating Lender
Webster Five Cents Savings Bank

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