PPP Loan information for Proact corporation

$92,500

Proact corporation was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 04/27/2020 by The Cambridge Savings Bank reported 18 jobs and $92,500 was used to fund payroll.

Proact corporation is Existing or more than 2 years old

PROACT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROACT CORPORATION

Borrower Address

8 Northville Ave

Borrower City

EAST BRIDGEWATER

Borrower State

MA

Borrower Zip

02333-1260

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRIDGEWATER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02333-1260

CD

MA-08

Jobs Reported

18

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92500.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93138.63

Forgiveness Date

01/13/2021

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