PPP Loan information for Balance corporation

$256,900

Balance corporation was initially approved for PPP Loan of amount $256,900, the current approved amount is $256,900. The loan was approved on 04/12/2020 by The Avidia Bank reported 40 jobs and $256,900 was used to fund payroll.

Balance corporation is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Balance corporation

BALANCE CORPORATION

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BALANCE CORPORATION

Borrower Address

8 SAMOSET RD

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-6128

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256900.00

Current Approval Amount

256900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-6128

CD

MA-05

Jobs Reported

40

NAICS Code

812191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256900.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259875.76

Forgiveness Date

06/15/2021

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