PPP Loan information for Ovitas inc

$600,000

Ovitas inc was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 02/06/2021 by The Eastern Bank reported 21 jobs and $600,000 was used to fund payroll.

Ovitas inc is Existing or more than 2 years old

PPP Loan Search / MA / Burlington / Ovitas inc

OVITAS INC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OVITAS INC

Borrower Address

155 Middlesex Tpke

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-4426

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4426

CD

MA-06

Jobs Reported

21

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

599997.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

605016.67

Forgiveness Date

12/08/2021

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