PPP Loan information for 42 design fab studio, inc

$47,985

42 design fab studio, inc was initially approved for PPP Loan of amount $47,985, the current approved amount is $47,985. The loan was approved on 04/10/2020 by The New Valley Bank & Trust reported 7 jobs and $47,985 was used to fund payroll.

42 design fab studio, inc is New Business or 2 years or less

PPP Loan Search / MA / INDIAN ORCHARD / 42 design fab studio, inc

42 DESIGN FAB STUDIO, INC

Date Approved

04/10/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

42 DESIGN FAB STUDIO, INC

Borrower Address

34 FRONT ST PO BOX 51942

Borrower City

INDIAN ORCHARD

Borrower State

MA

Borrower Zip

01151-5942

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47985.00

Current Approval Amount

47985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

INDIAN ORCHARD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01151-5942

CD

MA-01

Jobs Reported

7

NAICS Code

541490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47985.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41260.10

Forgiveness Date

12/15/2020

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