PPP Loan information for The family center inc.

$362,725

The family center inc. was initially approved for PPP Loan of amount $362,725, the current approved amount is $362,725. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 21 jobs and $362,725 was used to fund payroll.

The family center inc. is Existing or more than 2 years old

THE FAMILY CENTER INC.

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE FAMILY CENTER INC.

Borrower Address

366 Somerville Ave

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-2919

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

362725.00

Current Approval Amount

362725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-2919

CD

MA-07

Jobs Reported

21

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

362722.00

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 Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

365199.48

Forgiveness Date

10/19/2021

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