As part of the Paycheck Protection Program TOWNSEND OIL COMPANY, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

TOWNSEND OIL COMPANY, INC


Loan Amount	$2,001,275
BusinessName	TOWNSEND OIL COMPANY, INC
Address	27 CHERRY STREET
City	DANVERS
State	MA
Zip	1923
NAICSCode	454310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	129
DateApproved	04/05/2020
Lender	People's United Bank, National Association
CD	MA-06
BusinessName.clean	TOWNSEND OIL COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

TOWNSHIP BUILDING SERVICES
TOWSON MECHANICAL
TOX PRESSOTECHNIK
TOXIKON
TOXSTRATEGIES