PPP Loan information for Economic development council of western massachusetts inc

$678,900

Economic development council of western massachusetts inc was initially approved for PPP Loan of amount $678,900, the current approved amount is $678,900. The loan was approved on 01/23/2021 by The Monson Savings Bank reported 46 jobs and $678,900 was used to fund payroll.

Economic development council of western massachusetts inc is Existing or more than 2 years old

ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC

Date Approved

01/23/2021

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ECONOMIC DEVELOPMENT COUNCIL OF WESTERN MASSACHUSETTS INC

Borrower Address

1441 Main St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01103-0013

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

678900.00

Current Approval Amount

678900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33102

Servicing Lender Name

Monson Savings Bank

Servicing Lender Address

146 Main St

Servicing Lender City

MONSON

Servicing Lender State

MA

Servicing Lender Zip

01057-1317

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01103-0013

CD

MA-01

Jobs Reported

46

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

678897.00

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

501(c)3 – Non Profit

Originating Lender Location Id

33102

Originating Lender

Monson Savings Bank

Originating Lender City

MONSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

681389.30

Forgiveness Date

06/15/2021

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