Sonolite Plastics Corporation

$141,000 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
8608747009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$141,000
Current Approval
$130,900
Forgiveness Amount
$132,078
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonolite Plastics Corporation
Address
10 Fernwood Lake Ave
ZIP Code
01930-3331
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$130,900

Lender Information

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

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