PPP Loan information for Ovitas, inc.

$600,000

Ovitas, inc. was initially approved for PPP Loan of amount $475,784, the current approved amount is $600,000. The loan was approved on 04/07/2020 by The Eastern Bank reported 24 jobs and $600,000 was used to fund payroll.

Ovitas, inc. is New Business or 2 years or less

PPP Loan Search / MA / BURLINGTON / Ovitas, inc.

OVITAS, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OVITAS, INC.

Borrower Address

155 MIDDLESEX TPKE

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803-4405

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475784.29

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

New Business or 2 years or less

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4405

CD

MA-06

Jobs Reported

24

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606866.67

Forgiveness Date

06/09/2021

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