PPP Loan information for Bangel groups, inc.

$158,525

Bangel groups, inc. was initially approved for PPP Loan of amount $158,525, the current approved amount is $158,525. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $158,525 was used to fund payroll.

Bangel groups, inc. is New Business or 2 years or less

BANGEL GROUPS, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BANGEL GROUPS, INC.

Borrower Address

4 SHEA CIR

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803-3503

Loan Status Date

10/19/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

158525.00

Current Approval Amount

158525.00

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

New Business or 2 years or less

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-3503

CD

MA-06

Jobs Reported

11

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158525.00

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

0.00

Forgiveness Date

;