PPP Loan information for M & b sea products inc.

$391,400

M & b sea products inc. was initially approved for PPP Loan of amount $391,400, the current approved amount is $391,400. The loan was approved on 04/06/2020 by The Bristol County Savings Bank reported 34 jobs and $391,400 was used to fund payroll.

M & b sea products inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEW BEDFORD / M & b sea products inc.

M & B SEA PRODUCTS INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M & B SEA PRODUCTS INC.

Borrower Address

110 HERMAN MELVILLE BLVD

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740-7344

Loan Status Date

02/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391400.00

Current Approval Amount

391400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

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

02740-7344

CD

MA-09

Jobs Reported

34

NAICS Code

424460

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

97400.00

Payroll Proceed

294000.00

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393846.25

Forgiveness Date

11/30/2020

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