PPP Loan information for A.f. amorello & sons, inc.

$977,800

A.f. amorello & sons, inc. was initially approved for PPP Loan of amount $977,800, the current approved amount is $977,800. The loan was approved on 04/30/2020 by The Bay State Savings Bank reported 71 jobs and $977,800 was used to fund payroll.

A.f. amorello & sons, inc. is Existing or more than 2 years old

A.F. AMORELLO & SONS, INC.

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

A.F. AMORELLO & SONS, INC.

Borrower Address

115 SOUTHWEST CUTOFF

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-2729

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

977800.00

Current Approval Amount

977800.00

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

01604-2729

CD

MA-02

Jobs Reported

71

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

977800.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

984318.67

Forgiveness Date

01/07/2021

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