PPP Loan information for Busy bee nursery

$162,000

Busy bee nursery was initially approved for PPP Loan of amount $162,000, the current approved amount is $162,000. The loan was approved on 04/28/2020 by The Cornerstone Bank reported 16 jobs and $162,000 was used to fund payroll.

Busy bee nursery is Existing or more than 2 years old

BUSY BEE NURSERY

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BUSY BEE NURSERY

Borrower Address

57 BROAD ST

Borrower City

JEFFERSON

Borrower State

MA

Borrower Zip

01522-1131

Loan Status Date

11/30/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162000.00

Current Approval Amount

162000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSON

Project County Name

WORCESTER

Project State

MA

Project Zip

01522-1131

CD

MA-02

Jobs Reported

16

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162000.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162918.00

Forgiveness Date

11/25/2020

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