PPP Loan information for Somerville young mens christian association

$392,500

Somerville young mens christian association was initially approved for PPP Loan of amount $392,500, the current approved amount is $392,500. The loan was approved on 01/20/2021 by The Winter Hill Bank, FSB reported 53 jobs and $392,500 was used to fund payroll.

Somerville young mens christian association is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Somerville young mens christian association

SOMERVILLE YOUNG MENS CHRISTIAN ASSOCIATION

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOMERVILLE YOUNG MENS CHRISTIAN ASSOCIATION

Borrower Address

101 Highland Ave

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-1661

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

392500.00

Current Approval Amount

392500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78858

Servicing Lender Name

Winter Hill Bank, FSB

Servicing Lender Address

342 Broadway

Servicing Lender City

SOMERVILLE

Servicing Lender State

MA

Servicing Lender Zip

02145-2808

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

02143-1661

CD

MA-07

Jobs Reported

53

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

392496.00

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

Non-Profit Organization

Originating Lender Location Id

78858

Originating Lender

Winter Hill Bank, FSB

Originating Lender City

SOMERVILLE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

394560.62

Forgiveness Date

08/02/2021

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