PPP Loan information for Worcester manufacturing inc

$697,000

Worcester manufacturing inc was initially approved for PPP Loan of amount $697,000, the current approved amount is $697,000. The loan was approved on 06/22/2020 by The Berkshire Bank reported 55 jobs and $697,000 was used to fund payroll.

Worcester manufacturing inc is Unanswered

PPP Loan Search / MA / WORCESTER / Worcester manufacturing inc

WORCESTER MANUFACTURING INC

Date Approved

06/22/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WORCESTER MANUFACTURING INC

Borrower Address

35 New Street

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01605-3324

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

697000.00

Current Approval Amount

697000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01605-3324

CD

MA-02

Jobs Reported

55

NAICS Code

337211

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

697000.00

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

Subchapter S Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

701754.88

Forgiveness Date

03/09/2021

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