PPP Loan information for Westerbeke corporation

$631,660

Westerbeke corporation was initially approved for PPP Loan of amount $631,660, the current approved amount is $631,660. The loan was approved on 04/07/2020 by The Brookline Bank reported 52 jobs and $631,660 was used to fund payroll.

Westerbeke corporation is Existing or more than 2 years old

WESTERBEKE CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WESTERBEKE CORPORATION

Borrower Address

150 JOHN HANCOCK RD

Borrower City

TAUNTON

Borrower State

MA

Borrower Zip

02780-7319

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631660.00

Current Approval Amount

631660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAUNTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-7319

CD

MA-04

Jobs Reported

52

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

631660.00

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

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

637766.05

Forgiveness Date

04/06/2021

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