PPP Loan information for Balance team inc

$498,848

Balance team inc was initially approved for PPP Loan of amount $498,848, the current approved amount is $498,848. The loan was approved on 01/23/2021 by The Manufacturers and Traders Trust Company reported 30 jobs and $498,848 was used to fund payroll.

Balance team inc is Existing or more than 2 years old

PPP Loan Search / VT / Burlington / Balance team inc

BALANCE TEAM INC

Date Approved

01/23/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

BALANCE TEAM INC

Borrower Address

125 Battery St

Borrower City

Burlington

Borrower State

VT

Borrower Zip

05401-5208

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498848.00

Current Approval Amount

498848.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-5208

CD

VT-

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

498843.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

501513.08

Forgiveness Date

08/10/2021

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