PPP Loan information for Ballard mack business trust

$2,523,700

Ballard mack business trust was initially approved for PPP Loan of amount $2,523,700, the current approved amount is $2,523,700. The loan was approved on 04/08/2020 by The Cornerstone Bank reported 150 jobs and $2,523,700 was used to fund payroll.

Ballard mack business trust is Existing or more than 2 years old

PPP Loan Search / MA / WORCESTER / Ballard mack business trust

BALLARD MACK BUSINESS TRUST

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BALLARD MACK BUSINESS TRUST

Borrower Address

442 SW CUTOFF

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-2717

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2523700.00

Current Approval Amount

2523700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-2717

CD

MA-02

Jobs Reported

150

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2523700.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2552862.76

Forgiveness Date

06/11/2021

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