PPP Loan information for Broco oil, inc.

$464,795

Broco oil, inc. was initially approved for PPP Loan of amount $464,795, the current approved amount is $464,795. The loan was approved on 04/15/2020 by The Rockland Trust Company reported 37 jobs and $464,795 was used to fund payroll.

Broco oil, inc. is Existing or more than 2 years old

BROCO OIL, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BROCO OIL, INC.

Borrower Address

168 HALE ST

Borrower City

HAVERHILL

Borrower State

MA

Borrower Zip

01830-3941

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464795.00

Current Approval Amount

464795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAVERHILL

Project County Name

ESSEX

Project State

MA

Project Zip

01830-3941

CD

MA-03

Jobs Reported

37

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

464795.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

468500.45

Forgiveness Date

02/03/2021

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