PPP Loan information for Farland corporation, inc.

$386,500

Farland corporation, inc. was initially approved for PPP Loan of amount $386,500, the current approved amount is $386,500. The loan was approved on 04/04/2020 by The Bristol County Savings Bank reported 40 jobs and $386,500 was used to fund payroll.

Farland corporation, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEW BEDFORD / Farland corporation, inc.

FARLAND CORPORATION, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FARLAND CORPORATION, INC.

Borrower Address

401 COUNTY ST

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740-4935

Loan Status Date

02/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386500.00

Current Approval Amount

386500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-4935

CD

MA-09

Jobs Reported

40

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

331000.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378989.08

Forgiveness Date

12/09/2020

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