PPP Loan information for 1625 exchange inc

$96,750

1625 exchange inc was initially approved for PPP Loan of amount $96,750, the current approved amount is $96,750. The loan was approved on 01/26/2021 by The Bank of America, National Association reported 12 jobs and $96,750 was used to fund payroll.

1625 exchange inc is Existing or more than 2 years old

1625 EXCHANGE INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

1625 EXCHANGE INC

Borrower Address

1625 Tremont St

Borrower City

Roxbury Crossing

Borrower State

MA

Borrower Zip

02120-1616

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96750.00

Current Approval Amount

96750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roxbury Crossing

Project County Name

SUFFOLK

Project State

MA

Project Zip

02120-1616

CD

MA-07

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96748.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97380.86

Forgiveness Date

09/22/2021

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