PPP Loan information for The 15-40 connection

$141,272

The 15-40 connection was initially approved for PPP Loan of amount $141,272, the current approved amount is $141,272. The loan was approved on 01/26/2021 by The Cornerstone Bank reported 9 jobs and $141,272 was used to fund payroll.

The 15-40 connection is Existing or more than 2 years old

THE 15-40 CONNECTION

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE 15-40 CONNECTION

Borrower Address

53A Otis St

Borrower City

Westborough

Borrower State

MA

Borrower Zip

01581-3347

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141271.72

Current Approval Amount

141271.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-3347

CD

MA-02

Jobs Reported

9

NAICS Code

611710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141271.72

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

142319.49

Forgiveness Date

10/25/2021

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