PPP Loan information for Cappello custom rac

$180,000

Cappello custom rac was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/14/2020 by The Avidia Bank reported 11 jobs and $180,000 was used to fund payroll.

Cappello custom rac is New Business or 2 years or less

CAPPELLO CUSTOM RAC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CAPPELLO CUSTOM RAC

Borrower Address

11 COMMERCE RD

Borrower City

SHREWSBURY

Borrower State

MA

Borrower Zip

01545-4291

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SHREWSBURY

Project County Name

WORCESTER

Project State

MA

Project Zip

01545-4291

CD

MA-02

Jobs Reported

11

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181775.00

Forgiveness Date

04/14/2021

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