PPP Loan information for Innovator for purpose

$9,945

Innovator for purpose was initially approved for PPP Loan of amount $26,043, the current approved amount is $9,945. The loan was approved on 04/15/2020 by The Eastern Bank reported 2 jobs and $9,945 was used to fund payroll.

Innovator for purpose is New Business or 2 years or less

PPP Loan Search / MA / ACTON / Innovator for purpose

INNOVATOR FOR PURPOSE

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INNOVATOR FOR PURPOSE

Borrower Address

825 MAIN ST

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01740

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26042.50

Current Approval Amount

9945.00

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

New Business or 2 years or less

Project City

ACTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01740-0001

CD

MA-03

Jobs Reported

2

NAICS Code

611513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9945.00

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

Non-Profit Organization

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

10033.40

Forgiveness Date

03/16/2021

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