PPP Loan information for Bates insurance agency inc.

$54,460

Bates insurance agency inc. was initially approved for PPP Loan of amount $54,460, the current approved amount is $54,460. The loan was approved on 03/04/2021 by The Mechanics Cooperative Bank reported 5 jobs and $54,460 was used to fund payroll.

Bates insurance agency inc. is Existing or more than 2 years old

PPP Loan Search / MA / Medford / Bates insurance agency inc.

BATES INSURANCE AGENCY INC.

Date Approved

03/04/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BATES INSURANCE AGENCY INC.

Borrower Address

92 High St Ste B1

Borrower City

Medford

Borrower State

MA

Borrower Zip

02155-3850

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54460.48

Current Approval Amount

54460.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-3850

CD

MA-05

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54456.48

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54714.63

Forgiveness Date

08/25/2021

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