PPP Loan information for Momentum enterprises

$183,600

Momentum enterprises was initially approved for PPP Loan of amount $215,760, the current approved amount is $183,600. The loan was approved on 04/07/2020 by The Needham Bank reported 11 jobs and $183,600 was used to fund payroll.

Momentum enterprises is Existing or more than 2 years old

PPP Loan Search / MA / NEWTON UPPER FALLS / Momentum enterprises

MOMENTUM ENTERPRISES

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOMENTUM ENTERPRISES

Borrower Address

2 HALE ST

Borrower City

NEWTON UPPER FALLS

Borrower State

MA

Borrower Zip

02464-1311

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215760.00

Current Approval Amount

183600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON UPPER FALLS

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02464-1311

CD

MA-04

Jobs Reported

11

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

183600.00

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

Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187042.50

Forgiveness Date

03/24/2022

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