PPP Loan information for Scm community transportation corporation

$177,500

Scm community transportation corporation was initially approved for PPP Loan of amount $177,500, the current approved amount is $177,500. The loan was approved on 04/15/2020 by The East Cambridge Savings Bank reported 33 jobs and $177,500 was used to fund payroll.

Scm community transportation corporation is Existing or more than 2 years old

SCM COMMUNITY TRANSPORTATION CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCM COMMUNITY TRANSPORTATION CORPORATION

Borrower Address

167 HOLLAND ST

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02144-2401

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177500.00

Current Approval Amount

177500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

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

02144-2401

CD

MA-07

Jobs Reported

33

NAICS Code

485991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177500.00

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

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178842.19

Forgiveness Date

01/27/2021

;