B & M Office Installations, Inc.

$470,677 PPP Loan in Lawrence, Massachusetts

Loan Details

Loan Number
9041237001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$470,677
Current Approval
$470,677
Forgiveness Amount
$476,815
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B & M Office Installations, Inc.
Address
516 Broadway Building 8
ZIP Code
01841-2446
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$376,541
Rent
$34,540
Utilities
$30,000
Health Care
$19,000
Mortgage Interest
$10,596

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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