Piconics, INC

$716,400 PPP Loan in Tyngsboro, Massachusetts

Loan Details

Loan Number
9602897110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$716,400
Current Approval
$716,400
Forgiveness Amount
$720,858
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Piconics, INC
Address
26 Cummings Rd
ZIP Code
01879-1406
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$615,800
Rent
$20,800
Utilities
$12,800
Health Care
$67,000

Lender Information

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

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