PPP Loan information for Assabet machine corporation

$175,467

Assabet machine corporation was initially approved for PPP Loan of amount $175,467, the current approved amount is $175,467. The loan was approved on 03/05/2021 by The Avidia Bank reported 12 jobs and $175,467 was used to fund payroll.

Assabet machine corporation is Existing or more than 2 years old

PPP Loan Search / MA / Boxborough / Assabet machine corporation

ASSABET MACHINE CORPORATION

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ASSABET MACHINE CORPORATION

Borrower Address

1145 Massachusetts Ave

Borrower City

Boxborough

Borrower State

MA

Borrower Zip

01719-1408

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175467.15

Current Approval Amount

175467.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boxborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01719-1408

CD

MA-03

Jobs Reported

12

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

175465.15

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176982.99

Forgiveness Date

01/18/2022

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