PPP Loan information for 42 design fab studio inc

$51,528

42 design fab studio inc was initially approved for PPP Loan of amount $51,528, the current approved amount is $51,528. The loan was approved on 01/20/2021 by The New Valley Bank & Trust reported 7 jobs and $51,528 was used to fund payroll.

42 design fab studio inc is Existing or more than 2 years old

PPP Loan Search / MA / Indian Orchard / 42 design fab studio inc

42 DESIGN FAB STUDIO INC

Date Approved

01/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

42 DESIGN FAB STUDIO INC

Borrower Address

34 Front St

Borrower City

Indian Orchard

Borrower State

MA

Borrower Zip

01151-1176

Loan Status Date

09/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51527.50

Current Approval Amount

51527.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indian Orchard

Project County Name

HAMPDEN

Project State

MA

Project Zip

01151-1176

CD

MA-01

Jobs Reported

7

NAICS Code

541420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

51524.50

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

52347.70

Forgiveness Date

08/29/2022

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