PPP Loan information for 88 acres foods, inc.

$788,295

88 acres foods, inc. was initially approved for PPP Loan of amount $788,295, the current approved amount is $788,295. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 83 jobs and $788,295 was used to fund payroll.

88 acres foods, inc. is Existing or more than 2 years old

88 ACRES FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

88 ACRES FOODS, INC.

Borrower Address

196 Quincy Street

Borrower City

DORCHESTER

Borrower State

MA

Borrower Zip

02121-1919

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788295.00

Current Approval Amount

788295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DORCHESTER

Project County Name

SUFFOLK

Project State

MA

Project Zip

02121-1919

CD

MA-07

Jobs Reported

83

NAICS Code

311812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

788295.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

800346.19

Forgiveness Date

11/04/2021

;