PPP Loan information for Worcester county mechanics association

$195,245

Worcester county mechanics association was initially approved for PPP Loan of amount $195,245, the current approved amount is $195,245. The loan was approved on 03/25/2021 by The Bay State Savings Bank reported 47 jobs and $195,245 was used to fund payroll.

Worcester county mechanics association is Existing or more than 2 years old

WORCESTER COUNTY MECHANICS ASSOCIATION

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WORCESTER COUNTY MECHANICS ASSOCIATION

Borrower Address

321 Main St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01608-1532

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195245.00

Current Approval Amount

195245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01608-1532

CD

MA-02

Jobs Reported

47

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

195239.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

196996.78

Forgiveness Date

02/23/2022

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