Vaughn Thermal Corporation

$480,300 PPP Loan in Salisbury, Massachusetts

Loan Details

Loan Number
5693437010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$480,300
Current Approval
$480,300
Forgiveness Amount
$486,129
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vaughn Thermal Corporation
Address
26 Old Elm Street
ZIP Code
01952-1938
Business Type
Corporation
Industry (NAICS)
Manufacturing (333414)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$360,225
Utilities
$60,037
Mortgage Interest
$60,038

Lender Information

Servicing Lender
Institution for Savings in Newburyport and Its Vicinity
Originating Lender
Institution for Savings in Newburyport and Its Vicinity

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