Ecological Fibers INC
$1,700,000 PPP Loan in Lunenburg, Massachusetts
Loan Details
- Loan Number
- 9730577004
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,700,000
- Current Approval
- $1,700,000
- Forgiveness Amount
- $1,718,039
- Forgiveness Date
- May 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ecological Fibers INC
- Address
- 40 Pioneer Dr
- City
- Lunenburg
- State
- Massachusetts
- ZIP Code
- 01462-1663
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (322220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 154
- Estimated Revenue
- $152.7M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $1,400,000
- Rent
- $110,000
- Utilities
- $190,000
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
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|---|---|---|
| Powell Stone and Gravel Co, Inc. | $731,500 | |
| Innovative Autism Connections LLC | $688,735 | |
| Shapiro Educational & Behavioral Consultants LLC | $549,898 | |
| Colonial Imports, Inc. | $524,500 | |
| Vector5 Collaborative | $424,690 |
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