PPP Loan information for Army barracks inc

$348,922

Army barracks inc was initially approved for PPP Loan of amount $348,922, the current approved amount is $348,922. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $348,922 was used to fund payroll.

Army barracks inc is New Business or 2 years or less

PPP Loan Search / MA / Salem / Army barracks inc

ARMY BARRACKS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARMY BARRACKS INC

Borrower Address

16 Proctor St Fl 2

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348922.00

Current Approval Amount

348922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-0001

CD

MA-06

Jobs Reported

60

NAICS Code

452990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

348922.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

352353.86

Forgiveness Date

04/29/2021

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