PPP Loan information for Borelli insurance agency inc

$85,525

Borelli insurance agency inc was initially approved for PPP Loan of amount $85,525, the current approved amount is $85,525. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $85,525 was used to fund payroll.

Borelli insurance agency inc is New Business or 2 years or less

PPP Loan Search / MA / BELMONT / Borelli insurance agency inc

BORELLI INSURANCE AGENCY INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BORELLI INSURANCE AGENCY INC

Borrower Address

341 TRAPELO RD

Borrower City

BELMONT

Borrower State

MA

Borrower Zip

02478-1856

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85525.00

Current Approval Amount

85525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BELMONT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-1856

CD

MA-05

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85525.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86066.27

Forgiveness Date

12/23/2020

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