PPP Loan information for Planet aid

$2,665,700

Planet aid was initially approved for PPP Loan of amount $2,665,700, the current approved amount is $2,665,700. The loan was approved on 04/05/2020 by The Main Street Bank reported 240 jobs and $2,665,700 was used to fund payroll.

Planet aid is Existing or more than 2 years old

PLANET AID

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PLANET AID

Borrower Address

47 Sumner Street

Borrower City

MILFORD

Borrower State

MA

Borrower Zip

01757-1656

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2665700.00

Current Approval Amount

2665700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01757-1656

CD

MA-04

Jobs Reported

240

NAICS Code

624230

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2665700.00

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

Professional Association

Originating Lender Location Id

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2698345.70

Forgiveness Date

07/15/2021

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