Mass Crane & Hoist Services, Inc.

$1,136,000 PPP Loan in Tyngsboro, Massachusetts

Loan Details

Loan Number
5337287006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,136,000
Current Approval
$1,136,000
Forgiveness Amount
$1,144,993
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mass Crane & Hoist Services, Inc.
Address
500 1 Potash Hill Rd
ZIP Code
01879-2710
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$947,000
Rent
$101,000
Utilities
$12,500
Health Care
$75,500

Lender Information

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

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