PPP Loan information for Local enterprise assistance fund, inc.

$147,630

Local enterprise assistance fund, inc. was initially approved for PPP Loan of amount $147,630, the current approved amount is $147,630. The loan was approved on 04/13/2020 by The Eastern Bank reported 8 jobs and $147,630 was used to fund payroll.

Local enterprise assistance fund, inc. is Existing or more than 2 years old

LOCAL ENTERPRISE ASSISTANCE FUND, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOCAL ENTERPRISE ASSISTANCE FUND, INC.

Borrower Address

386 WESTERN AVE

Borrower City

BRIGHTON

Borrower State

MA

Borrower Zip

02135-1011

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147630.00

Current Approval Amount

147630.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BRIGHTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02135-1011

CD

MA-07

Jobs Reported

8

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

147630.00

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

149475.38

Forgiveness Date

07/22/2021

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