PPP Loan information for Rua-dumont-audet insurance agency inc

$314,400

Rua-dumont-audet insurance agency inc was initially approved for PPP Loan of amount $314,400, the current approved amount is $314,400. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 27 jobs and $314,400 was used to fund payroll.

Rua-dumont-audet insurance agency inc is Existing or more than 2 years old

RUA-DUMONT-AUDET INSURANCE AGENCY INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RUA-DUMONT-AUDET INSURANCE AGENCY INC

Borrower Address

155 NORTH MAIN ST

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720-2100

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314400.00

Current Approval Amount

314400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

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

02720-2100

CD

MA-04

Jobs Reported

27

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224400.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316740.53

Forgiveness Date

01/07/2021

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