PPP Loan information for B & m office installations, inc.

$470,677

B & m office installations, inc. was initially approved for PPP Loan of amount $470,677, the current approved amount is $470,677. The loan was approved on 04/09/2020 by The The Lowell Five Cent Savings Bank reported 54 jobs and $470,677 was used to fund payroll.

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

PPP Loan Search / MA / LAWRENCE / B & m office installations, inc.

B & M OFFICE INSTALLATIONS, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

B & M OFFICE INSTALLATIONS, INC.

Borrower Address

516 Broadway Building 8

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01841-2446

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470677.00

Current Approval Amount

470677.00

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

54

NAICS Code

423420

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

376541.00

Mortgage Interest Proceed

10596.00

Rent Proceed

34540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19000.00

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

476815.14

Forgiveness Date

08/04/2021

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