PPP Loan information for Twelve16 design studio

$20,700

Twelve16 design studio was initially approved for PPP Loan of amount $20,700, the current approved amount is $20,700. The loan was approved on 03/03/2021 by The Mechanics Cooperative Bank reported 1 jobs and $20,700 was used to fund payroll.

Twelve16 design studio is Existing or more than 2 years old

PPP Loan Search / MA / Fall River / Twelve16 design studio

TWELVE16 DESIGN STUDIO

Date Approved

03/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TWELVE16 DESIGN STUDIO

Borrower Address

1822 N Main St

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02720-1348

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20700.00

Current Approval Amount

20700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-1348

CD

MA-04

Jobs Reported

1

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20697.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20819.02

Forgiveness Date

10/06/2021

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