PPP Loan information for Baystate restoration group

$555,000

Baystate restoration group was initially approved for PPP Loan of amount $555,000, the current approved amount is $555,000. The loan was approved on 01/21/2021 by The New Valley Bank & Trust reported 47 jobs and $555,000 was used to fund payroll.

Baystate restoration group is Existing or more than 2 years old

BAYSTATE RESTORATION GROUP

Date Approved

01/21/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

BAYSTATE RESTORATION GROUP

Borrower Address

69 Gagne St

Borrower City

Chicopee

Borrower State

MA

Borrower Zip

01013-2208

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

555000.00

Current Approval Amount

555000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicopee

Project County Name

HAMPDEN

Project State

MA

Project Zip

01013-2208

CD

MA-01

Jobs Reported

47

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

554995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

557904.25

Forgiveness Date

08/05/2021

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