PPP Loan information for Production machine associates inc.

$31,771

Production machine associates inc. was initially approved for PPP Loan of amount $31,771, the current approved amount is $31,771. The loan was approved on 03/08/2021 by The Bay State Savings Bank reported 2 jobs and $31,771 was used to fund payroll.

Production machine associates inc. is Existing or more than 2 years old

PRODUCTION MACHINE ASSOCIATES INC.

Date Approved

03/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRODUCTION MACHINE ASSOCIATES INC.

Borrower Address

53 Blossom Sq

Borrower City

Holden

Borrower State

MA

Borrower Zip

01520-1494

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31770.83

Current Approval Amount

31770.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holden

Project County Name

WORCESTER

Project State

MA

Project Zip

01520-1494

CD

MA-02

Jobs Reported

2

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31770.83

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31873.20

Forgiveness Date

07/13/2021

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