Portland Stone Ware Co. Inc.

$2,974,700 PPP Loan in Dracut, Massachusetts

Loan Details

Loan Number
9315657007
Date Approved
Apr 9, 2020
Loan Status
Exemption 4
Initial Approval
$2,974,700
Current Approval
$2,974,700
Forgiveness Amount
$931,816
Forgiveness Date
Apr 20, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Portland Stone Ware Co. Inc.
Address
50 Mcgrath Rd
City
Dracut
ZIP Code
01826-2840
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423320)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$1,590,000
Utilities
$25,000
Health Care
$1,338,000
Mortgage Interest
$21,700

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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