PPP Loan information for Andover ventures inc

$194,751

Andover ventures inc was initially approved for PPP Loan of amount $194,751, the current approved amount is $194,751. The loan was approved on 02/24/2021 by The Bank of America, National Association reported 34 jobs and $194,751 was used to fund payroll.

Andover ventures inc is Existing or more than 2 years old

PPP Loan Search / MA / Andover / Andover ventures inc

ANDOVER VENTURES INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ANDOVER VENTURES INC

Borrower Address

560 S Main St

Borrower City

Andover

Borrower State

MA

Borrower Zip

01810-6261

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194751.00

Current Approval Amount

194751.00

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

Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01810-6261

CD

MA-06

Jobs Reported

34

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194749.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195754.10

Forgiveness Date

09/01/2021

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