PPP Loan information for Avid engineering llc

$380,500

Avid engineering llc was initially approved for PPP Loan of amount $380,500, the current approved amount is $380,500. The loan was approved on 04/07/2020 by The Enterprise Bank and Trust Company reported 26 jobs and $380,500 was used to fund payroll.

Avid engineering llc is Existing or more than 2 years old

AVID ENGINEERING LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AVID ENGINEERING LLC

Borrower Address

17 BRIDGE ST - Suite 201

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-1000

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380500.00

Current Approval Amount

380500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-1000

CD

MA-03

Jobs Reported

26

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3600.00

Payroll Proceed

306500.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47400.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383861.08

Forgiveness Date

03/02/2021

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