ABBOTT BAKING COMPANY INC (MA) - 2020 PPP Loan Borrower Profile (# 5644878601)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABBOTT BAKING COMPANY 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
5644878601
SBA Office Code
0101
Processing Method
PPS
Curent Loan Amount
$693,339
Date Loan was Approved
Mar 20, 2021
Amount Forgiven
$696,701.22
Date Loan was Forgiven
Sep 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
693,337
Lender
Bank of America, National Association
Business Detail
Business Type
Corporation
NAICS
722515
Borrower Location
Belmont, MA
Project Location
Belmont, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
88
Business Age Description
Existing or more than 2 years old
Data Source: SBA.