PPP Loan information for Basic equipment inc

$25,388

Basic equipment inc was initially approved for PPP Loan of amount $25,388, the current approved amount is $25,388. The loan was approved on 01/25/2021 by The Bristol County Savings Bank reported 2 jobs and $25,388 was used to fund payroll.

Basic equipment inc is Existing or more than 2 years old

BASIC EQUIPMENT INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BASIC EQUIPMENT INC

Borrower Address

39 Middleboro Rd

Borrower City

East Freetown

Borrower State

MA

Borrower Zip

02717-1701

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25387.50

Current Approval Amount

25387.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Freetown

Project County Name

BRISTOL

Project State

MA

Project Zip

02717-1701

CD

MA-04

Jobs Reported

2

NAICS Code

485991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25384.50

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25555.34

Forgiveness Date

09/22/2021

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