PPP Loan information for Fiber optic center inc.

$569,099

Fiber optic center inc. was initially approved for PPP Loan of amount $569,099, the current approved amount is $569,099. The loan was approved on 01/25/2021 by The BayCoast Bank reported 34 jobs and $569,099 was used to fund payroll.

Fiber optic center inc. is Existing or more than 2 years old

PPP Loan Search / MA / New Bedford / Fiber optic center inc.

FIBER OPTIC CENTER INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FIBER OPTIC CENTER INC.

Borrower Address

23 Centre St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740-6322

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

569099.00

Current Approval Amount

569099.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

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

02740-6322

CD

MA-09

Jobs Reported

34

NAICS Code

423990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

569099.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571944.49

Forgiveness Date

07/28/2021

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