PPP Loan information for Heavy timber craft co.

$86,144

Heavy timber craft co. was initially approved for PPP Loan of amount $86,144, the current approved amount is $86,144. The loan was approved on 04/30/2020 by The Florence Bank reported 8 jobs and $86,144 was used to fund payroll.

Heavy timber craft co. is New Business or 2 years or less

HEAVY TIMBER CRAFT CO.

Date Approved

04/30/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

HEAVY TIMBER CRAFT CO.

Borrower Address

325 GOLD ST

Borrower City

BELCHERTOWN

Borrower State

MA

Borrower Zip

01007-9278

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86144.00

Current Approval Amount

86144.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33183

Servicing Lender Name

Florence Bank

Servicing Lender Address

85 Main St

Servicing Lender City

FLORENCE

Servicing Lender State

MA

Servicing Lender Zip

01062-1400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BELCHERTOWN

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01007-9278

CD

MA-01

Jobs Reported

8

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86144.00

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

33183

Originating Lender

Florence Bank

Originating Lender City

FLORENCE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85568.55

Forgiveness Date

11/10/2020

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