PPP Loan information for Desroches bros., inc.

$87,671

Desroches bros., inc. was initially approved for PPP Loan of amount $87,671, the current approved amount is $87,671. The loan was approved on 04/14/2020 by The BayCoast Bank reported 8 jobs and $87,671 was used to fund payroll.

Desroches bros., inc. is Existing or more than 2 years old

PPP Loan Search / MA / ACUSHNET / Desroches bros., inc.

DESROCHES BROS., INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESROCHES BROS., INC.

Borrower Address

80 Mill Rd

Borrower City

ACUSHNET

Borrower State

MA

Borrower Zip

02743

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87671.00

Current Approval Amount

87671.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACUSHNET

Project County Name

BRISTOL

Project State

MA

Project Zip

02743-0001

CD

MA-09

Jobs Reported

8

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87671.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88411.33

Forgiveness Date

02/23/2021

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