PPP Loan information for Business capital exchange, inc.

$94,360

Business capital exchange, inc. was initially approved for PPP Loan of amount $94,360, the current approved amount is $94,360. The loan was approved on 05/14/2020 by The Celtic Bank Corporation reported 3 jobs and $94,360 was used to fund payroll.

Business capital exchange, inc. is Existing or more than 2 years old

BUSINESS CAPITAL EXCHANGE, INC.

Date Approved

05/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BUSINESS CAPITAL EXCHANGE, INC.

Borrower Address

60 Walnut Street

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94360.00

Current Approval Amount

94360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-0001

CD

MA-05

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70770.00

Mortgage Interest Proceed

0.00

Rent Proceed

23590.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95202.78

Forgiveness Date

04/13/2021

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