PPP Loan information for Westbay development inc.

$160,162

Westbay development inc. was initially approved for PPP Loan of amount $160,162, the current approved amount is $160,162. The loan was approved on 02/23/2021 by The Rockland Trust Company reported 28 jobs and $160,162 was used to fund payroll.

Westbay development inc. is Existing or more than 2 years old

WESTBAY DEVELOPMENT INC.

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WESTBAY DEVELOPMENT INC.

Borrower Address

29 Liberty St

Borrower City

Nantucket

Borrower State

MA

Borrower Zip

02554-3672

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160162.00

Current Approval Amount

160162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nantucket

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-3672

CD

MA-09

Jobs Reported

28

NAICS Code

236115

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

160157.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

161852.60

Forgiveness Date

03/14/2022

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