PPP Loan information for Frontier development corp

$84,970

Frontier development corp was initially approved for PPP Loan of amount $174,969, the current approved amount is $84,970. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $84,970 was used to fund payroll.

Frontier development corp is New Business or 2 years or less

PPP Loan Search / MA / LOWELL / Frontier development corp

FRONTIER DEVELOPMENT CORP

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRONTIER DEVELOPMENT CORP

Borrower Address

FOUNDRY STREET 4 FOUNDRY INDUSTRIAL PARK

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-5129

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174969.00

Current Approval Amount

84970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-5129

CD

MA-03

Jobs Reported

9

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84970.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

85717.27

Forgiveness Date

03/19/2021

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