PPP Loan information for Fiber optic center, inc.

$508,910

Fiber optic center, inc. was initially approved for PPP Loan of amount $508,910, the current approved amount is $508,910. The loan was approved on 04/15/2020 by The BayCoast Bank reported 33 jobs and $508,910 was used to fund payroll.

Fiber optic center, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEW BEDFORD / Fiber optic center, inc.

FIBER OPTIC CENTER, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FIBER OPTIC CENTER, INC.

Borrower Address

23 Centre Street

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508910.00

Current Approval Amount

508910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-1000

CD

MA-09

Jobs Reported

33

NAICS Code

423610

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508910.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

512599.60

Forgiveness Date

01/07/2021

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