PPP Loan information for Psychemedics corporation

$2,181,157

Psychemedics corporation was initially approved for PPP Loan of amount $2,181,157, the current approved amount is $2,181,157. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 170 jobs and $2,181,157 was used to fund payroll.

Psychemedics corporation is New Business or 2 years or less

PPP Loan Search / MA / Acton / Psychemedics corporation

PSYCHEMEDICS CORPORATION

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PSYCHEMEDICS CORPORATION

Borrower Address

289 Great Rd Ste 200

Borrower City

Acton

Borrower State

MA

Borrower Zip

01720

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2181157.00

Current Approval Amount

2181157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Acton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-0051

CD

MA-03

Jobs Reported

170

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2181157.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2206554.03

Forgiveness Date

07/02/2021

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