PPP Loan information for People incorporated

$1,940,000

People incorporated was initially approved for PPP Loan of amount $1,940,000, the current approved amount is $1,940,000. The loan was approved on 04/16/2020 by The BayCoast Bank reported 500 jobs and $1,940,000 was used to fund payroll.

People incorporated is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / People incorporated

PEOPLE INCORPORATED

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PEOPLE INCORPORATED

Borrower Address

4 South Main Street

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1940000.00

Current Approval Amount

1940000.00

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

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-1000

CD

MA-04

Jobs Reported

500

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1940000.00

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

Non-Profit Organization

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1963226.11

Forgiveness Date

06/29/2021

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