PPP Loan information for Demarco childcare

$50,000

Demarco childcare was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/10/2020 by The Berkshire Bank reported 10 jobs and $50,000 was used to fund payroll.

Demarco childcare is Existing or more than 2 years old

DEMARCO CHILDCARE

Date Approved

04/10/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

DEMARCO CHILDCARE

Borrower Address

254 Hampden St

Borrower City

CHICOPEE

Borrower State

MA

Borrower Zip

01013-1539

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICOPEE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01013-1539

CD

MA-01

Jobs Reported

10

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50482.19

Forgiveness Date

04/28/2021

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