PPP Loan information for The pillow collection, inc

$150,000

The pillow collection, inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/07/2020 by The Mechanics Cooperative Bank reported 20 jobs and $150,000 was used to fund payroll.

The pillow collection, inc is Existing or more than 2 years old

THE PILLOW COLLECTION, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE PILLOW COLLECTION, INC

Borrower Address

18 POCASSET ST Box 13A

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721-1533

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

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

02721-1533

CD

MA-04

Jobs Reported

20

NAICS Code

423220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

120000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

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

122558.43

Forgiveness Date

06/18/2021

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