PPP Loan information for Babineau insurance agency, inc.

$58,152

Babineau insurance agency, inc. was initially approved for PPP Loan of amount $58,152, the current approved amount is $58,152. The loan was approved on 04/08/2020 by The Avidia Bank reported 4 jobs and $58,152 was used to fund payroll.

Babineau insurance agency, inc. is Existing or more than 2 years old

BABINEAU INSURANCE AGENCY, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BABINEAU INSURANCE AGENCY, INC.

Borrower Address

546 Electric Ave.

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-5370

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58152.00

Current Approval Amount

58152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-5370

CD

MA-03

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58152.00

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

Subchapter S Corporation

Originating Lender Location Id

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58502.53

Forgiveness Date

11/20/2020

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