PPP Loan information for American bag & burlap co

$215,800

American bag & burlap co was initially approved for PPP Loan of amount $215,800, the current approved amount is $215,800. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 11 jobs and $215,800 was used to fund payroll.

American bag & burlap co is Existing or more than 2 years old

PPP Loan Search / MA / Chelsea / American bag & burlap co

AMERICAN BAG & BURLAP CO

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN BAG & BURLAP CO

Borrower Address

32 Arlington St

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215800.00

Current Approval Amount

215800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-0006

CD

MA-07

Jobs Reported

11

NAICS Code

314910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

215800.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217567.79

Forgiveness Date

03/02/2021

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