PPP Loan information for Broco oil inc.

$553,943

Broco oil inc. was initially approved for PPP Loan of amount $553,943, the current approved amount is $553,943. The loan was approved on 01/23/2021 by The Rockland Trust Company reported 28 jobs and $553,943 was used to fund payroll.

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

PPP Loan Search / MA / Haverhill / Broco oil inc.

BROCO OIL INC.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BROCO OIL INC.

Borrower Address

168 Hale St

Borrower City

Haverhill

Borrower State

MA

Borrower Zip

01830-3941

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

553942.50

Current Approval Amount

553942.50

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

28

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

553938.50

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

561066.82

Forgiveness Date

05/04/2022

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