PPP Loan information for Mass renewables inc.

$249,200

Mass renewables inc. was initially approved for PPP Loan of amount $249,200, the current approved amount is $249,200. The loan was approved on 04/06/2020 by The Charles River Bank reported 18 jobs and $249,200 was used to fund payroll.

Mass renewables inc. is Existing or more than 2 years old

MASS RENEWABLES INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MASS RENEWABLES INC.

Borrower Address

90 mendon st

Borrower City

BELLINGHAM

Borrower State

MA

Borrower Zip

02019-1537

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249200.00

Current Approval Amount

249200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85119

Servicing Lender Name

Charles River Bank

Servicing Lender Address

70 Main St

Servicing Lender City

MEDWAY

Servicing Lender State

MA

Servicing Lender Zip

02053-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-1537

CD

MA-04

Jobs Reported

18

NAICS Code

221114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249200.00

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

85119

Originating Lender

Charles River Bank

Originating Lender City

MEDWAY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251518.94

Forgiveness Date

03/12/2021

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