PPP Loan information for Montrose foundation, inc

$635,600

Montrose foundation, inc was initially approved for PPP Loan of amount $683,500, the current approved amount is $635,600. The loan was approved on 04/09/2020 by The Salem Five Cents Savings Bank reported 60 jobs and $635,600 was used to fund payroll.

Montrose foundation, inc is Existing or more than 2 years old

PPP Loan Search / MA / MEDFIELD / Montrose foundation, inc

MONTROSE FOUNDATION, INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MONTROSE FOUNDATION, INC

Borrower Address

29 NORTH ST

Borrower City

MEDFIELD

Borrower State

MA

Borrower Zip

02052-2308

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683500.00

Current Approval Amount

635600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFIELD

Project County Name

NORFOLK

Project State

MA

Project Zip

02052-2308

CD

MA-04

Jobs Reported

60

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635600.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

640614.18

Forgiveness Date

01/28/2021

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