PPP Loan information for South coast biofuels inc

$114,418

South coast biofuels inc was initially approved for PPP Loan of amount $114,418, the current approved amount is $114,418. The loan was approved on 05/29/2020 by The The Cape Cod Five Cents Savings Bank reported 7 jobs and $114,418 was used to fund payroll.

South coast biofuels inc is New Business or 2 years or less

SOUTH COAST BIOFUELS INC

Date Approved

05/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTH COAST BIOFUELS INC

Borrower Address

525 Church Street

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02745-5106

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114417.50

Current Approval Amount

114417.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

New Bedford

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02745-5106

CD

MA-09

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114417.50

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

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115787.33

Forgiveness Date

08/16/2021

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