PPP Loan information for Belt technologies inc.

$539,720

Belt technologies inc. was initially approved for PPP Loan of amount $539,720, the current approved amount is $539,720. The loan was approved on 04/08/2020 by The Westfield Bank reported 36 jobs and $539,720 was used to fund payroll.

Belt technologies inc. is New Business or 2 years or less

BELT TECHNOLOGIES INC.

Date Approved

04/08/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

BELT TECHNOLOGIES INC.

Borrower Address

11 BOWLES RD

Borrower City

AGAWAM

Borrower State

MA

Borrower Zip

01001-2925

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539720.00

Current Approval Amount

539720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AGAWAM

Project County Name

HAMPDEN

Project State

MA

Project Zip

01001-2925

CD

MA-01

Jobs Reported

36

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

539720.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532662.89

Forgiveness Date

11/05/2020

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