PPP Loan information for Mass bay brewing company inc

$2,000,000

Mass bay brewing company inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Citizens Bank, National Association reported 197 jobs and $2,000,000 was used to fund payroll.

Mass bay brewing company inc is Existing or more than 2 years old

MASS BAY BREWING COMPANY INC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MASS BAY BREWING COMPANY INC

Borrower Address

306 Northern Ave

Borrower City

Boston

Borrower State

MA

Borrower Zip

02210-2324

Loan Status Date

02/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02210-2324

CD

MA-08

Jobs Reported

197

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2038684.93

Forgiveness Date

01/19/2023

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