PPP Loan information for Ashmont welding company inc

$181,700

Ashmont welding company inc was initially approved for PPP Loan of amount $181,700, the current approved amount is $181,700. The loan was approved on 04/05/2020 by The Mechanics Cooperative Bank reported 13 jobs and $181,700 was used to fund payroll.

Ashmont welding company inc is Existing or more than 2 years old

ASHMONT WELDING COMPANY INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ASHMONT WELDING COMPANY INC

Borrower Address

10 Cranmore Dr

Borrower City

BRIDGEWATER

Borrower State

MA

Borrower Zip

02324-2157

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181700.00

Current Approval Amount

181700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEWATER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02324-2157

CD

MA-09

Jobs Reported

13

NAICS Code

331511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181700.00

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182714.49

Forgiveness Date

11/03/2020

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