PPP Loan information for Straight line fabrication inc.

$49,250

Straight line fabrication inc. was initially approved for PPP Loan of amount $49,250, the current approved amount is $49,250. The loan was approved on 03/13/2021 by The BankNewport reported 4 jobs and $49,250 was used to fund payroll.

Straight line fabrication inc. is Existing or more than 2 years old

STRAIGHT LINE FABRICATION INC.

Date Approved

03/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STRAIGHT LINE FABRICATION INC.

Borrower Address

1 Main St

Borrower City

Somerset

Borrower State

MA

Borrower Zip

02726-5631

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49249.93

Current Approval Amount

49249.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

BRISTOL

Project State

MA

Project Zip

02726-5631

CD

MA-04

Jobs Reported

4

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49247.93

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49541.38

Forgiveness Date

10/20/2021

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