PPP Loan information for Bostontextile company

$159,875

Bostontextile company was initially approved for PPP Loan of amount $159,875, the current approved amount is $159,875. The loan was approved on 04/27/2020 by The MountainOne Bank reported 13 jobs and $159,875 was used to fund payroll.

Bostontextile company is Existing or more than 2 years old

BOSTONTEXTILE COMPANY

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BOSTONTEXTILE COMPANY

Borrower Address

254 Washington St

Borrower City

Quincy

Borrower State

MA

Borrower Zip

02169-5524

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159875.00

Current Approval Amount

159875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-5524

CD

MA-08

Jobs Reported

13

NAICS Code

423220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159875.00

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

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

160921.85

Forgiveness Date

12/30/2020

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