PPP Loan information for Powderhouse studios

$83,700

Powderhouse studios was initially approved for PPP Loan of amount $141,700, the current approved amount is $83,700. The loan was approved on 04/08/2020 by The Leader Bank, National Association reported 7 jobs and $83,700 was used to fund payroll.

Powderhouse studios is Existing or more than 2 years old

PPP Loan Search / MA / SOMERVILLE / Powderhouse studios

POWDERHOUSE STUDIOS

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POWDERHOUSE STUDIOS

Borrower Address

339 SUMMER ST

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02144-3141

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141700.00

Current Approval Amount

83700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-3141

CD

MA-07

Jobs Reported

7

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83700.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84346.67

Forgiveness Date

02/04/2021

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