PPP Loan information for South cove manor nursing and rehabilitation center, inc.

$1,896,308

South cove manor nursing and rehabilitation center, inc. was initially approved for PPP Loan of amount $1,896,308, the current approved amount is $1,896,308. The loan was approved on 04/09/2020 by The Cambridge Savings Bank reported 161 jobs and $1,896,308 was used to fund payroll.

South cove manor nursing and rehabilitation center, inc. is Existing or more than 2 years old

SOUTH COVE MANOR NURSING AND REHABILITATION CENTER, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTH COVE MANOR NURSING AND REHABILITATION CENTER, INC.

Borrower Address

288 WASHINGTON ST

Borrower City

QUINCY

Borrower State

MA

Borrower Zip

02169-5523

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1896307.60

Current Approval Amount

1896307.60

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

QUINCY

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-5523

CD

MA-08

Jobs Reported

161

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

474076.90

Payroll Proceed

1422230.70

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1911478.06

Forgiveness Date

02/04/2021

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