PPP Loan information for Babbitt steam specialty co.

$355,300

Babbitt steam specialty co. was initially approved for PPP Loan of amount $355,300, the current approved amount is $355,300. The loan was approved on 04/11/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 24 jobs and $355,300 was used to fund payroll.

Babbitt steam specialty co. is Existing or more than 2 years old

PPP Loan Search / MA / NEW BEDFORD / Babbitt steam specialty co.

BABBITT STEAM SPECIALTY CO.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BABBITT STEAM SPECIALTY CO.

Borrower Address

800 Mount Pleasant Street

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02745-4951

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355300.00

Current Approval Amount

355300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-4951

CD

MA-09

Jobs Reported

24

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355300.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357198.18

Forgiveness Date

11/03/2020

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