PPP Loan information for Fraxa research foundation, inc.

$71,500

Fraxa research foundation, inc. was initially approved for PPP Loan of amount $71,500, the current approved amount is $71,500. The loan was approved on 04/08/2020 by The Institution for Savings In Newburyport and its Vicinity reported 4 jobs and $71,500 was used to fund payroll.

Fraxa research foundation, inc. is Existing or more than 2 years old

FRAXA RESEARCH FOUNDATION, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRAXA RESEARCH FOUNDATION, INC.

Borrower Address

10 Prince Place Suite 203

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-2612

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71500.00

Current Approval Amount

71500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2612

CD

MA-06

Jobs Reported

4

NAICS Code

813212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8937.00

Payroll Proceed

53625.00

Mortgage Interest Proceed

0.00

Rent Proceed

8938.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

72101.38

Forgiveness Date

02/17/2021

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