PPP Loan information for Lafrance enterprises inc.

$566,990

Lafrance enterprises inc. was initially approved for PPP Loan of amount $566,990, the current approved amount is $566,990. The loan was approved on 01/21/2021 by The BayCoast Bank reported 28 jobs and $566,990 was used to fund payroll.

Lafrance enterprises inc. is Existing or more than 2 years old

PPP Loan Search / MA / Westport / Lafrance enterprises inc.

LAFRANCE ENTERPRISES INC.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LAFRANCE ENTERPRISES INC.

Borrower Address

41 Old Bedford Road

Borrower City

Westport

Borrower State

MA

Borrower Zip

02790

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

566990.00

Current Approval Amount

566990.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westport

Project County Name

BRISTOL

Project State

MA

Project Zip

02790

CD

MA-09

Jobs Reported

28

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

566984.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

571604.67

Forgiveness Date

11/19/2021

;