PPP Loan information for Smart coats inc

$197,890

Smart coats inc was initially approved for PPP Loan of amount $197,890, the current approved amount is $197,890. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $197,890 was used to fund payroll.

Smart coats inc is Existing or more than 2 years old

SMART COATS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SMART COATS INC

Borrower Address

545 POTTER RD

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01701-3204

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197890.00

Current Approval Amount

197890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01701-3204

CD

MA-05

Jobs Reported

14

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197890.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

200823.11

Forgiveness Date

10/28/2021

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