PPP Loan information for Needymeds, inc

$236,000

Needymeds, inc was initially approved for PPP Loan of amount $236,000, the current approved amount is $236,000. The loan was approved on 04/09/2020 by The Cape Ann Savings Bank reported 37 jobs and $236,000 was used to fund payroll.

Needymeds, inc is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Needymeds, inc

NEEDYMEDS, INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEEDYMEDS, INC

Borrower Address

50 Whittemore Street

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-2553

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236000.00

Current Approval Amount

236000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-2553

CD

MA-06

Jobs Reported

37

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236000.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

237822.44

Forgiveness Date

01/27/2021

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