PPP Loan information for Old colony foods inc

$438,277

Old colony foods inc was initially approved for PPP Loan of amount $375,000, the current approved amount is $438,277. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 27 jobs and $438,277 was used to fund payroll.

Old colony foods inc is Existing or more than 2 years old

OLD COLONY FOODS INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLD COLONY FOODS INC

Borrower Address

89 MAIN ST 15 SPRUCE ROAD

Borrower City

MEDWAY

Borrower State

MA

Borrower Zip

02053-1815

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

438277.00

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

Existing or more than 2 years old

Project City

MEDWAY

Project County Name

NORFOLK

Project State

MA

Project Zip

02053-1815

CD

MA-02

Jobs Reported

27

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

438277.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

441407.53

Forgiveness Date

03/03/2021

;