PPP Loan information for The arc of the south shore

$1,442,500

The arc of the south shore was initially approved for PPP Loan of amount $1,442,500, the current approved amount is $1,442,500. The loan was approved on 04/06/2020 by The Eastern Bank reported 235 jobs and $1,442,500 was used to fund payroll.

The arc of the south shore is Existing or more than 2 years old

THE ARC OF THE SOUTH SHORE

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE ARC OF THE SOUTH SHORE

Borrower Address

20 POND PARK RD

Borrower City

HINGHAM

Borrower State

MA

Borrower Zip

02043-4309

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1442500.00

Current Approval Amount

1442500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HINGHAM

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02043-4309

CD

MA-08

Jobs Reported

235

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1442500.00

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

Professional Association

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1451996.46

Forgiveness Date

12/11/2020

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