PPP Loan information for Sac corporation

$512,393

Sac corporation was initially approved for PPP Loan of amount $512,393, the current approved amount is $512,393. The loan was approved on 02/09/2021 by The BayCoast Bank reported 76 jobs and $512,393 was used to fund payroll.

Sac corporation is Existing or more than 2 years old

SAC CORPORATION

Date Approved

02/09/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SAC CORPORATION

Borrower Address

265 Atwells Ave

Borrower City

Providence

Borrower State

RI

Borrower Zip

02903-1556

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

512393.00

Current Approval Amount

512393.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02903-1556

CD

RI-02

Jobs Reported

76

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512391.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

516193.25

Forgiveness Date

11/05/2021

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