PPP Loan information for Belmont manor nursing home inc

$1,855,048

Belmont manor nursing home inc was initially approved for PPP Loan of amount $1,855,048, the current approved amount is $1,855,048. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 120 jobs and $1,855,048 was used to fund payroll.

Belmont manor nursing home inc is Existing or more than 2 years old

BELMONT MANOR NURSING HOME INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BELMONT MANOR NURSING HOME INC

Borrower Address

34 Agassiz Ave

Borrower City

Belmont

Borrower State

MA

Borrower Zip

02478-5023

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1855047.50

Current Approval Amount

1855047.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-5023

CD

MA-05

Jobs Reported

120

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1855044.50

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1879137.71

Forgiveness Date

05/18/2022

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