PPP Loan information for Hot sauce inc

$80,879

Hot sauce inc was initially approved for PPP Loan of amount $80,879, the current approved amount is $80,879. The loan was approved on 07/17/2020 by The Bank of America, National Association reported 17 jobs and $80,879 was used to fund payroll.

Hot sauce inc is New Business or 2 years or less

HOT SAUCE INC

Date Approved

07/17/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HOT SAUCE INC

Borrower Address

349 MAIN ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-5030

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80879.00

Current Approval Amount

80879.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-5030

CD

MA-05

Jobs Reported

17

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80879.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81401.94

Forgiveness Date

03/11/2021

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