PPP Loan information for Acs development corporation

$106,500

Acs development corporation was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/28/2020 by The Eastern Bank reported 7 jobs and $106,500 was used to fund payroll.

Acs development corporation is Existing or more than 2 years old

ACS DEVELOPMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACS DEVELOPMENT CORPORATION

Borrower Address

180 Second Street

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106500.00

Current Approval Amount

106500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-0006

CD

MA-07

Jobs Reported

7

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107103.50

Forgiveness Date

11/30/2020

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