PPP Loan information for Springfield medical associates inc

$694,097

Springfield medical associates inc was initially approved for PPP Loan of amount $694,097, the current approved amount is $694,097. The loan was approved on 04/08/2020 by The Westfield Bank reported 64 jobs and $694,097 was used to fund payroll.

Springfield medical associates inc is Existing or more than 2 years old

SPRINGFIELD MEDICAL ASSOCIATES INC

Date Approved

04/08/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SPRINGFIELD MEDICAL ASSOCIATES INC

Borrower Address

2150 MAIN ST

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01104-3300

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

694097.00

Current Approval Amount

694097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-3300

CD

MA-01

Jobs Reported

64

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694097.00

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

Subchapter S Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

699167.76

Forgiveness Date

01/07/2021

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