PPP Loan information for American boronite corporation

$148,500

American boronite corporation was initially approved for PPP Loan of amount $148,500, the current approved amount is $148,500. The loan was approved on 01/30/2021 by The Citizens Bank, National Association reported 13 jobs and $148,500 was used to fund payroll.

American boronite corporation is Existing or more than 2 years old

AMERICAN BORONITE CORPORATION

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMERICAN BORONITE CORPORATION

Borrower Address

11 Cypress Dr

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-4907

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148500.00

Current Approval Amount

148500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4907

CD

MA-06

Jobs Reported

13

NAICS Code

541715

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

148494.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149504.92

Forgiveness Date

10/29/2021

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