PPP Loan information for Butternut basin inc

$275,000

Butternut basin inc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/03/2020 by The Lee Bank reported 24 jobs and $275,000 was used to fund payroll.

Butternut basin inc is Existing or more than 2 years old

BUTTERNUT BASIN INC

Date Approved

04/03/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

BUTTERNUT BASIN INC

Borrower Address

380 State Road

Borrower City

GREAT BARRINGTON

Borrower State

MA

Borrower Zip

01230-1499

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32955

Servicing Lender Name

Lee Bank

Servicing Lender Address

75 Park St

Servicing Lender City

LEE

Servicing Lender State

MA

Servicing Lender Zip

01238-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREAT BARRINGTON

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01230-1499

CD

MA-01

Jobs Reported

24

NAICS Code

713920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

Corporation

Originating Lender Location Id

32955

Originating Lender

Lee Bank

Originating Lender City

LEE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276559.59

Forgiveness Date

11/03/2020

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