PPP Loan information for Abbott baking company inc

$512,712

Abbott baking company inc was initially approved for PPP Loan of amount $512,712, the current approved amount is $512,712. The loan was approved on 04/29/2020 by The Bank of America, National Association reported 85 jobs and $512,712 was used to fund payroll.

Abbott baking company inc is Existing or more than 2 years old

PPP Loan Search / MA / BELMONT / Abbott baking company inc

ABBOTT BAKING COMPANY INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABBOTT BAKING COMPANY INC

Borrower Address

53 VILLAGE HILL RD

Borrower City

BELMONT

Borrower State

MA

Borrower Zip

02478-2118

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512712.00

Current Approval Amount

512712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-2118

CD

MA-05

Jobs Reported

85

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512712.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

516659.18

Forgiveness Date

02/10/2021

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