J&l Welding and Machine Inc.

$312,500 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
9641768410
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$312,500
Current Approval
$312,500
Forgiveness Amount
$315,035
Forgiveness Date
Dec 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
J&l Welding and Machine Inc.
Address
19 Arthur St
ZIP Code
01930-2736
Business Type
Corporation
Industry (NAICS)
Manufacturing (332439)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$312,497
Utilities
$1

Lender Information

Servicing Lender
Cape Ann Savings Bank
Originating Lender
Cape Ann Savings Bank

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