PPP Loan information for Leap, inc.

$522,360

Leap, inc. was initially approved for PPP Loan of amount $522,360, the current approved amount is $522,360. The loan was approved on 04/29/2020 by The Middlesex Savings Bank reported 70 jobs and $522,360 was used to fund payroll.

Leap, inc. is Existing or more than 2 years old

LEAP, INC.

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LEAP, INC.

Borrower Address

210 MARRETT RD

Borrower City

LEXINGTON

Borrower State

MA

Borrower Zip

02421-7015

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522360.00

Current Approval Amount

522360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02421-7015

CD

MA-05

Jobs Reported

70

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13360.00

Payroll Proceed

444000.00

Mortgage Interest Proceed

0.00

Rent Proceed

65000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

468069.38

Forgiveness Date

06/04/2021

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