PPP Loan information for Bay state chip repair

$20,000

Bay state chip repair was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $20,000 was used to fund payroll.

Bay state chip repair is New Business or 2 years or less

BAY STATE CHIP REPAIR

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BAY STATE CHIP REPAIR

Borrower Address

30A BIGELOW ROAD

Borrower City

SOUTHBOROUGH

Borrower State

MA

Borrower Zip

01772

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

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

SOUTHBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01772-0001

CD

MA-02

Jobs Reported

1

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Sole Proprietorship

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

8188.93

Forgiveness Date

09/10/2021

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