PPP Loan information for Eastern bus co inc

$2,000,000

Eastern bus co inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The Brookline Bank reported 183 jobs and $2,000,000 was used to fund payroll.

Eastern bus co inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Eastern bus co inc

EASTERN BUS CO INC

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

EASTERN BUS CO INC

Borrower Address

14 Chestnut St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-2124

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-2124

CD

MA-07

Jobs Reported

183

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014444.44

Forgiveness Date

11/09/2021

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