PPP Loan information for Archway inc.

$600,000

Archway inc. was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 04/15/2020 by The Bay State Savings Bank reported 83 jobs and $600,000 was used to fund payroll.

Archway inc. is Existing or more than 2 years old

ARCHWAY INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARCHWAY INC.

Borrower Address

77 MULBERRY ST

Borrower City

LEICESTER

Borrower State

MA

Borrower Zip

01524-1011

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEICESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01524-1011

CD

MA-02

Jobs Reported

83

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

Non-Profit Organization

Originating Lender Location Id

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

593146.67

Forgiveness Date

11/03/2020

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