ACCURATE TOOL & MACHINE INC. (MA) - 2020 PPP Loan Borrower Profile (# 1326027201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCURATE TOOL & MACHINE 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

1326027201

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$61,095.66

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$61,582.75

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

50,000

Rent Proceed

11,095.66

Lender

North Easton Savings Bank

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

LAKEVILLE, MA

Project Location

LAKEVILLE, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.