Packard Machinery Company, Inc.

$183,500 PPP Loan in Westford, Massachusetts

Loan Details

Loan Number
8754627006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$183,500
Current Approval
$183,500
Forgiveness Amount
$184,516
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Packard Machinery Company, Inc.
Address
504 Groton Rd
ZIP Code
01886-1151
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$150,000
Rent
$12,800
Utilities
$13,700
Health Care
$7,000

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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