PPP Loan information for Lab spec inc.

$702,400

Lab spec inc. was initially approved for PPP Loan of amount $702,400, the current approved amount is $702,400. The loan was approved on 04/04/2020 by The Bluestone Bank reported 30 jobs and $702,400 was used to fund payroll.

Lab spec inc. is Existing or more than 2 years old

LAB SPEC INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAB SPEC INC.

Borrower Address

1443 Broadway

Borrower City

RAYNHAM

Borrower State

MA

Borrower Zip

02767-1964

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702400.00

Current Approval Amount

702400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32668

Servicing Lender Name

Bluestone Bank

Servicing Lender Address

756 Orchard St

Servicing Lender City

RAYNHAM

Servicing Lender State

MA

Servicing Lender Zip

02767-1028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAYNHAM

Project County Name

BRISTOL

Project State

MA

Project Zip

02767-1964

CD

MA-04

Jobs Reported

30

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

702400.00

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

32668

Originating Lender

Bluestone Bank

Originating Lender City

RAYNHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707230.20

Forgiveness Date

12/22/2020

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