PPP Loan information for The cottage children's center

$305,000

The cottage children's center was initially approved for PPP Loan of amount $305,000, the current approved amount is $305,000. The loan was approved on 04/04/2020 by The Main Street Bank reported 47 jobs and $305,000 was used to fund payroll.

The cottage children's center is Existing or more than 2 years old

THE COTTAGE CHILDREN'S CENTER

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE COTTAGE CHILDREN'S CENTER

Borrower Address

197 Union Street

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-1228

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305000.00

Current Approval Amount

305000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-1228

CD

MA-03

Jobs Reported

47

NAICS Code

611710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305000.00

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 Childcare Center

Originating Lender Location Id

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

307348.08

Forgiveness Date

02/09/2021

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