PPP Loan information for John magalhaes and associates inc.

$284,175

John magalhaes and associates inc. was initially approved for PPP Loan of amount $284,175, the current approved amount is $284,175. The loan was approved on 01/26/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 29 jobs and $284,175 was used to fund payroll.

John magalhaes and associates inc. is Existing or more than 2 years old

JOHN MAGALHAES AND ASSOCIATES INC.

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JOHN MAGALHAES AND ASSOCIATES INC.

Borrower Address

382 State Rd

Borrower City

North Dartmouth

Borrower State

MA

Borrower Zip

02747-4302

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284175.00

Current Approval Amount

284175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Dartmouth

Project County Name

BRISTOL

Project State

MA

Project Zip

02747-4302

CD

MA-09

Jobs Reported

29

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

284172.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285973.48

Forgiveness Date

09/20/2021

;