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
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
Servicing Lender Zip
02466-1902
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
63266.55
Forgiveness Date
10/25/2021