PPP Loan information for Natick sports and racquet club, inc.

$686,700

Natick sports and racquet club, inc. was initially approved for PPP Loan of amount $686,700, the current approved amount is $686,700. The loan was approved on 04/06/2020 by The First Utah Bank reported 187 jobs and $686,700 was used to fund payroll.

Natick sports and racquet club, inc. is Existing or more than 2 years old

NATICK SPORTS AND RACQUET CLUB, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NATICK SPORTS AND RACQUET CLUB, INC.

Borrower Address

203 Oak Street

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-1306

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686700.00

Current Approval Amount

686700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-1306

CD

MA-05

Jobs Reported

187

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19541.00

Payroll Proceed

520000.00

Mortgage Interest Proceed

0.00

Rent Proceed

121159.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693134.28

Forgiveness Date

03/24/2021

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