A. Russo & Sons Inc.
$2,000,000 PPP Loan in Watertown, Massachusetts
Loan Details
- Loan Number
- 7503838410
- Date Approved
- Feb 12, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,022,222
- Forgiveness Date
- Mar 28, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- A. Russo & Sons Inc.
- Address
- 560 Pleasant St
- City
- Watertown
- State
- Massachusetts
- ZIP Code
- 02472-2408
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 252
- Estimated Revenue
- $64.9M
- Rural/Urban
- Urban
- Congressional District
- MA-05
Loan Use Breakdown
- Payroll
- $1,999,998
- Utilities
- $1
Lender Information
- Servicing Lender
- First-Citizens Bank & Trust Company
- Originating Lender
- Svb, a Division of First-Citizens Bank and Trust Company
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|---|---|---|
| M.l. Mcdonald Sales Company, LLC | $6,805,092 | |
| Markforged INC | $5,022,079 | |
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