PPP Loan information for Boston insulation industries inc.

$57,500

Boston insulation industries inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $57,500. The loan was approved on 04/15/2020 by The South Shore Bank reported 5 jobs and $57,500 was used to fund payroll.

Boston insulation industries inc. is Existing or more than 2 years old

BOSTON INSULATION INDUSTRIES INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BOSTON INSULATION INDUSTRIES INC.

Borrower Address

122 RUSTIC DR

Borrower City

SOUTH WEYMOUTH

Borrower State

MA

Borrower Zip

02190-2950

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02190-2950

CD

MA-08

Jobs Reported

5

NAICS Code

423330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

Subchapter S Corporation

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54860.31

Forgiveness Date

12/15/2020

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