PPP Loan information for Division seven tea corporation

$198,350

Division seven tea corporation was initially approved for PPP Loan of amount $198,350, the current approved amount is $198,350. The loan was approved on 08/06/2020 by The Eastern Bank reported 25 jobs and $198,350 was used to fund payroll.

Division seven tea corporation is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Division seven tea corporation

DIVISION SEVEN TEA CORPORATION

Date Approved

08/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DIVISION SEVEN TEA CORPORATION

Borrower Address

49 ELM ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2821

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198350.00

Current Approval Amount

198350.00

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

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2821

CD

MA-05

Jobs Reported

25

NAICS Code

424490

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198350.00

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

Non-Veteran

Non Profit

Forgiveness Amount

200107.60

Forgiveness Date

06/28/2021

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