PPP Loan information for Michael borelli

$62,948

Michael borelli was initially approved for PPP Loan of amount $62,948, the current approved amount is $62,948. The loan was approved on 04/17/2021 by The The Village Bank reported 7 jobs and $62,948 was used to fund payroll.

Michael borelli is Existing or more than 2 years old

MICHAEL BORELLI

Date Approved

04/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MICHAEL BORELLI

Borrower Address

78 Bernard St

Borrower City

Newton

Borrower State

MA

Borrower Zip

02461-1904

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62947.50

Current Approval Amount

62947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02461-1904

CD

MA-04

Jobs Reported

7

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62944.50

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

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63266.55

Forgiveness Date

10/25/2021

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