PPP Loan information for Torbay fisheries llc

$162,427

Torbay fisheries llc was initially approved for PPP Loan of amount $162,427, the current approved amount is $162,427. The loan was approved on 06/29/2020 by The BayCoast Bank reported 20 jobs and $162,427 was used to fund payroll.

Torbay fisheries llc is New Business or 2 years or less

TORBAY FISHERIES LLC

Date Approved

06/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TORBAY FISHERIES LLC

Borrower Address

137 Popes Island

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740-7252

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162427.00

Current Approval Amount

162427.00

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

New Business or 2 years or less

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-7252

CD

MA-09

Jobs Reported

20

NAICS Code

114112

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162427.00

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

163902.38

Forgiveness Date

05/25/2021

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