PPP Loan information for Planet aid inc

$2,000,000

Planet aid inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Main Street Bank reported 145 jobs and $2,000,000 was used to fund payroll.

Planet aid inc is Existing or more than 2 years old

PLANET AID INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PLANET AID INC

Borrower Address

47 Sumner St

Borrower City

Milford

Borrower State

MA

Borrower Zip

01757-4606

Loan Status Date

08/27/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

01757-4606

CD

MA-04

Jobs Reported

145

NAICS Code

813312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999993.00

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

2029698.63

Forgiveness Date

07/26/2022

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