PPP Loan information for Abbott baking company inc

$693,339

Abbott baking company inc was initially approved for PPP Loan of amount $693,339, the current approved amount is $693,339. The loan was approved on 03/20/2021 by The Bank of America, National Association reported 88 jobs and $693,339 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

03/20/2021

SBA Office Code

0101

Processing Method

PPS

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

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

693339.00

Current Approval Amount

693339.00

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

88

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

693337.00

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

696701.22

Forgiveness Date

09/15/2021

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