Masspay INC

$818,700 PPP Loan in Beverly, Massachusetts

Loan Details

Loan Number
5654887002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$818,700
Current Approval
$818,700
Forgiveness Amount
$825,682
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Masspay INC
Address
500 Cummings Ctr
ZIP Code
01915-6140
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541214)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$18.5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$818,700

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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