PPP Loan information for Straight line fabrication, inc.

$47,529

Straight line fabrication, inc. was initially approved for PPP Loan of amount $613,100, the current approved amount is $47,529. The loan was approved on 04/13/2020 by The BankNewport reported 5 jobs and $47,529 was used to fund payroll.

Straight line fabrication, inc. is Existing or more than 2 years old

STRAIGHT LINE FABRICATION, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STRAIGHT LINE FABRICATION, INC.

Borrower Address

1 Main St

Borrower City

SOMERSET

Borrower State

MA

Borrower Zip

02726-5631

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613100.00

Current Approval Amount

47529.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

BRISTOL

Project State

MA

Project Zip

02726-5631

CD

MA-04

Jobs Reported

5

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47529.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47838.92

Forgiveness Date

12/14/2020

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