Date Approved
03/25/2021
SBA Office Code
0130
Processing Method
PPP
Borrower Name
L. N. BERNECHE INC.
Borrower Address
665 Prospect St
Borrower City
Chicopee
Borrower State
MA
Borrower Zip
01020-3050
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
174790.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32869
Servicing Lender Name
PeoplesBank
Servicing Lender Address
330 Whitney Ave
Servicing Lender City
HOLYOKE
Servicing Lender State
Servicing Lender Zip
01040-2751
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HAMPDEN
Project State
Project Zip
CD
MA-01
Jobs Reported
10
NAICS Code
236220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
174789.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
175546.63
Forgiveness Date
09/01/2021