PPP Loan information for B & m office installations inc

$398,745

B & m office installations inc was initially approved for PPP Loan of amount $398,745, the current approved amount is $398,745. The loan was approved on 02/05/2021 by The The Lowell Five Cent Savings Bank reported 55 jobs and $398,745 was used to fund payroll.

B & m office installations inc is Existing or more than 2 years old

B & M OFFICE INSTALLATIONS INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

B & M OFFICE INSTALLATIONS INC

Borrower Address

516 Broadway

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01841-2446

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398745.00

Current Approval Amount

398745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01841-2446

CD

MA-03

Jobs Reported

55

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398740.00

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

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

404152.64

Forgiveness Date

06/22/2022

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