PPP Loan information for People's pressed inc.

$24,126

People's pressed inc. was initially approved for PPP Loan of amount $24,126, the current approved amount is $24,126. The loan was approved on 01/21/2021 by The BayCoast Bank reported 9 jobs and $24,126 was used to fund payroll.

People's pressed inc. is Existing or more than 2 years old

PEOPLE'S PRESSED INC.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PEOPLE'S PRESSED INC.

Borrower Address

141 Union St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740-6363

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24126.00

Current Approval Amount

24126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-6363

CD

MA-09

Jobs Reported

9

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24123.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24386.69

Forgiveness Date

02/23/2022

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