PPP Loan information for Cambridge healthtech ins

$2,000,000

Cambridge healthtech ins was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The Eastern Bank reported 132 jobs and $2,000,000 was used to fund payroll.

Cambridge healthtech ins is Existing or more than 2 years old

CAMBRIDGE HEALTHTECH INS

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAMBRIDGE HEALTHTECH INS

Borrower Address

250 1st Ave Ste 300

Borrower City

Needham

Borrower State

MA

Borrower Zip

02494-2887

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

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

02494-2887

CD

MA-04

Jobs Reported

132

NAICS Code

561920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026666.67

Forgiveness Date

06/01/2022

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