Boston Conveyor and Automation, Inc.
$481,200 PPP Loan in Newburyport, Massachusetts
Loan Details
- Loan Number
- 5146577007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $481,200
- Current Approval
- $522,028
- Forgiveness Amount
- $526,393
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Boston Conveyor and Automation, Inc.
- Address
- 7 Opportunity Way
- City
- Newburyport
- State
- Massachusetts
- ZIP Code
- 01950-4044
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333922)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.4M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $522,028
Lender Information
- Servicing Lender
- Salem Five Cents Savings Bank
- Originating Lender
- Salem Five Cents Savings Bank
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