PPP Loan information for Alvamed, inc

$211,034

Alvamed, inc was initially approved for PPP Loan of amount $211,034, the current approved amount is $211,034. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 14 jobs and $211,034 was used to fund payroll.

Alvamed, inc is Existing or more than 2 years old

PPP Loan Search / MA / Needham / Alvamed, inc

ALVAMED, INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALVAMED, INC

Borrower Address

935 Great Plain Ave #166

Borrower City

Needham

Borrower State

MA

Borrower Zip

02492

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211033.52

Current Approval Amount

211033.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02492-0001

CD

MA-04

Jobs Reported

14

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

300.00

Payroll Proceed

207093.52

Mortgage Interest Proceed

0.00

Rent Proceed

3640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

212282.13

Forgiveness Date

12/04/2020

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