PPP Loan information for Somerville community access television inc.

$78,169

Somerville community access television inc. was initially approved for PPP Loan of amount $78,169, the current approved amount is $78,169. The loan was approved on 04/08/2021 by The Cambridge Savings Bank reported 8 jobs and $78,169 was used to fund payroll.

Somerville community access television inc. is Existing or more than 2 years old

SOMERVILLE COMMUNITY ACCESS TELEVISION INC.

Date Approved

04/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOMERVILLE COMMUNITY ACCESS TELEVISION INC.

Borrower Address

90 Union Sq

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-3028

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78169.40

Current Approval Amount

78169.40

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-3028

CD

MA-07

Jobs Reported

8

NAICS Code

512110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78168.40

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

Non-Profit Organization

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

78634.13

Forgiveness Date

11/15/2021

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