18 DEGREES, INC (MA) - 2020 PPP Loan Borrower Profile (# 5052567003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 18 DEGREES, INC. The Paycheck Protection Program (PPP) loan 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

5052567003

SBA Office Code

0130

Processing Method

PPP

Curent Loan Amount

$865,000

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$871,175.14

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,300

Payroll Proced

746,700

Mortgage Interest Proceed

2,200

Rent Proceed

15,900

Health Care Proceed

90,900

Lender

Greylock FCU

Business Detail

Business Type

Non-Profit Organization

NAICS

624110

Borrower Location

PITTSFIELD, MA

Project Location

PITTSFIELD, MA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

150

Business Age Description

Existing or more than 2 years old

Data Source: SBA.