PPP Loan information for Somerville young mens christian association

$390,000

Somerville young mens christian association was initially approved for PPP Loan of amount $390,000, the current approved amount is $390,000. The loan was approved on 04/14/2020 by The Winter Hill Bank, FSB reported 72 jobs and $390,000 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

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOMERVILLE YOUNG MENS CHRISTIAN ASSOCIATION

Borrower Address

101 Highland Avenue

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390000.00

Current Approval Amount

390000.00

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

02143-0001

CD

MA-07

Jobs Reported

72

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

78000.00

Payroll Proceed

312000.00

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

392177.50

Forgiveness Date

11/03/2020

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