PPP Loan information for M.f. foley inc new bedford

$688,500

M.f. foley inc new bedford was initially approved for PPP Loan of amount $688,500, the current approved amount is $688,500. The loan was approved on 04/04/2020 by The Bank Rhode Island reported 49 jobs and $688,500 was used to fund payroll.

M.f. foley inc new bedford is Existing or more than 2 years old

M.F. FOLEY INC NEW BEDFORD

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M.F. FOLEY INC NEW BEDFORD

Borrower Address

77 WRIGHT ST

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740-7250

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688500.00

Current Approval Amount

688500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

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

02740-7250

CD

MA-09

Jobs Reported

49

NAICS Code

311710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

688500.00

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

Subchapter S Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

692707.50

Forgiveness Date

11/24/2020

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