5BEANS CONSULTING, INC. (MA) - 2020 PPP Loan Borrower Profile (# 5625057709)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5BEANS CONSULTING, 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

5625057709

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$17,508

Date Loan was Approved

May 1, 2020

Amount Forgiven

$10,247.34

Date Loan was Forgiven

Jun 10, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

17,508

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

541618

Borrower Location

NEWTON, MA

Project Location

NEWTON, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.