PPP Loan information for Bowmar steel industries inc.

$48,200

Bowmar steel industries inc. was initially approved for PPP Loan of amount $48,200, the current approved amount is $48,200. The loan was approved on 04/07/2020 by The Coastal Heritage Bank reported 3 jobs and $48,200 was used to fund payroll.

Bowmar steel industries inc. is Existing or more than 2 years old

BOWMAR STEEL INDUSTRIES INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BOWMAR STEEL INDUSTRIES INC.

Borrower Address

999 MAIN ST

Borrower City

HANSON

Borrower State

MA

Borrower Zip

02341-1508

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48200.00

Current Approval Amount

48200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANSON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02341-1508

CD

MA-09

Jobs Reported

3

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48200.00

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

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48518.25

Forgiveness Date

12/15/2020

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