PPP Loan information for Bass associates inc

$500,000

Bass associates inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/03/2020 by The North Shore Bank, a Co-operative Bank reported 30 jobs and $500,000 was used to fund payroll.

Bass associates inc is Existing or more than 2 years old

PPP Loan Search / MA / LYNN / Bass associates inc

BASS ASSOCIATES INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BASS ASSOCIATES INC

Borrower Address

109 BOWLER ST

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01904-2928

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01904-2928

CD

MA-06

Jobs Reported

30

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504388.89

Forgiveness Date

02/24/2021

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