PPP Loan information for Amaral bus co inc

$598,592

Amaral bus co inc was initially approved for PPP Loan of amount $598,592, the current approved amount is $598,592. The loan was approved on 04/09/2021 by The BayCoast Bank reported 162 jobs and $598,592 was used to fund payroll.

Amaral bus co inc is Existing or more than 2 years old

PPP Loan Search / MA / Westport / Amaral bus co inc

AMARAL BUS CO INC

Date Approved

04/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMARAL BUS CO INC

Borrower Address

1090 State Rd

Borrower City

Westport

Borrower State

MA

Borrower Zip

02790-2422

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

598592.00

Current Approval Amount

598592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westport

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-2422

CD

MA-09

Jobs Reported

162

NAICS Code

485410

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

598587.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606639.74

Forgiveness Date

08/17/2022

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