PPP Loan information for Preparatory rehabilitation for individual development and em

$425,738

Preparatory rehabilitation for individual development and em was initially approved for PPP Loan of amount $425,738, the current approved amount is $425,738. The loan was approved on 01/28/2021 by The Mechanics Cooperative Bank reported 50 jobs and $425,738 was used to fund payroll.

Preparatory rehabilitation for individual development and em is Existing or more than 2 years old

PREPARATORY REHABILITATION FOR INDIVIDUAL DEVELOPMENT AND EM

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PREPARATORY REHABILITATION FOR INDIVIDUAL DEVELOPMENT AND EM

Borrower Address

3 Maple St

Borrower City

Taunton

Borrower State

MA

Borrower Zip

02780-3012

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425737.50

Current Approval Amount

425737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Taunton

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-3012

CD

MA-04

Jobs Reported

50

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

425734.50

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

501(c)3 – Non Profit

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

430881.83

Forgiveness Date

04/18/2022

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