PPP Loan information for Whipps inc

$1,321,900

Whipps inc was initially approved for PPP Loan of amount $1,321,900, the current approved amount is $1,321,900. The loan was approved on 04/10/2020 by The Berkshire Bank reported 75 jobs and $1,321,900 was used to fund payroll.

Whipps inc is Existing or more than 2 years old

WHIPPS INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WHIPPS INC

Borrower Address

370 South Athol Rd P O Box 1058

Borrower City

ATHOL

Borrower State

MA

Borrower Zip

01331-2728

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1321900.00

Current Approval Amount

1321900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHOL

Project County Name

WORCESTER

Project State

MA

Project Zip

01331-2728

CD

MA-02

Jobs Reported

75

NAICS Code

333318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1321900.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1330773.03

Forgiveness Date

12/31/2020

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