PPP Loan information for Socatean llc

$199,968

Socatean llc was initially approved for PPP Loan of amount $199,968, the current approved amount is $199,968. The loan was approved on 01/25/2021 by The BayCoast Bank reported 32 jobs and $199,968 was used to fund payroll.

Socatean llc is Existing or more than 2 years old

PPP Loan Search / MA / New Bedford / Socatean llc

SOCATEAN LLC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOCATEAN LLC

Borrower Address

14 Hervey Tichon Ave

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740-7348

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199968.00

Current Approval Amount

199968.00

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

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-7348

CD

MA-09

Jobs Reported

32

NAICS Code

114119

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199967.00

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

Limited Liability Company(LLC)

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

201562.19

Forgiveness Date

11/15/2021

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