A J SCALLOPING INC (MA) - 2020 PPP Loan Borrower Profile (# 2865278402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A J SCALLOPING 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

2865278402

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$164,298.87

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$165,149.62

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

164,298.87

Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Business Detail

Business Type

Corporation

NAICS

114112

Borrower Location

New Bedford, MA

Project Location

New Bedford, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.