PPP Loan information for Ballard mack sales & service of ri inc.

$574,200

Ballard mack sales & service of ri inc. was initially approved for PPP Loan of amount $574,300, the current approved amount is $574,200. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 35 jobs and $574,200 was used to fund payroll.

Ballard mack sales & service of ri inc. is Existing or more than 2 years old

BALLARD MACK SALES & SERVICE OF RI INC.

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BALLARD MACK SALES & SERVICE OF RI INC.

Borrower Address

280 SCITUATE AVE

Borrower City

JOHNSTON

Borrower State

RI

Borrower Zip

02919-3130

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574300.00

Current Approval Amount

574200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOHNSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-3130

CD

RI-02

Jobs Reported

35

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

574200.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

580053.65

Forgiveness Date

04/20/2021

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