Bestway of New England, Inc.

$241,505 PPP Loan in South Lancaster, Massachusetts

Loan Details

Loan Number
8581027102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$241,505
Current Approval
$241,505
Forgiveness Amount
$243,186
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bestway of New England, Inc.
Address
840 Sterling Road
ZIP Code
01561
Business Type
Corporation
Industry (NAICS)
Manufacturing (321114)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$18.8M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$189,000
Utilities
$24,000
Health Care
$5,700
Mortgage Interest
$14,000
Debt Interest
$8,805

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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