PPP Loan information for Westerman store equpipment inc

$152,553

Westerman store equpipment inc was initially approved for PPP Loan of amount $152,553, the current approved amount is $152,553. The loan was approved on 02/09/2021 by The Bay State Savings Bank reported 18 jobs and $152,553 was used to fund payroll.

Westerman store equpipment inc is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / Westerman store equpipment inc

WESTERMAN STORE EQUPIPMENT INC

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WESTERMAN STORE EQUPIPMENT INC

Borrower Address

54 Green St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01604-4132

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152552.50

Current Approval Amount

152552.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-4132

CD

MA-02

Jobs Reported

18

NAICS Code

423440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

152549.50

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

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

153455.10

Forgiveness Date

09/21/2021

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