AMBISCO INC. (MA) - 2020 PPP Loan Borrower Profile (# 9258818300)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMBISCO 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
9258818300
SBA Office Code
0101
Processing Method
PPS
Curent Loan Amount
$704,900
Date Loan was Approved
Jan 30, 2021
Amount Forgiven
$712,027.32
Date Loan was Forgiven
Feb 1, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
704,894
Lender
Rockland Trust Company
Business Detail
Business Type
Corporation
NAICS
722511
Borrower Location
Somerville, MA
Project Location
Somerville, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.