PPP Loan information for Businesswest, inc.

$158,900

Businesswest, inc. was initially approved for PPP Loan of amount $158,900, the current approved amount is $158,900. The loan was approved on 04/28/2020 by The PeoplesBank reported 11 jobs and $158,900 was used to fund payroll.

Businesswest, inc. is Existing or more than 2 years old

BUSINESSWEST, INC.

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

BUSINESSWEST, INC.

Borrower Address

1441 Main St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01103-1406

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158900.00

Current Approval Amount

158900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01103-1406

CD

MA-01

Jobs Reported

11

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158900.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160071.07

Forgiveness Date

02/05/2021

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