AMARAL BUS CO INC (MA) - 2020 PPP Loan Borrower Profile (# 1125688810)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMARAL BUS CO INC. The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Massachusetts.
Loan Detail
Loan Number
1125688810
SBA Office Code
0101
Processing Method
PPS
Curent Loan Amount
$598,592
Date Loan was Approved
Apr 9, 2021
Amount Forgiven
$606,639.74
Date Loan was Forgiven
Aug 17, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
598,587
Lender
BayCoast Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
485410
Borrower Location
Westport, MA
Project Location
Westport, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
162
Business Age Description
Existing or more than 2 years old
Data Source: SBA.