PPP Loan information for The resource inc. for community and economic development

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE RESOURCE INC. FOR COMMUNITY AND ECONOMIC DEVELOPMENT

Borrower Address

18 State Rd

Borrower City

Vineyard Haven

Borrower State

MA

Borrower Zip

02568

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75597.50

Current Approval Amount

75597.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vineyard Haven

Project County Name

DUKES

Project State

MA

Project Zip

02568

CD

MA-09

Jobs Reported

5

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75597.50

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

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

75983.89

Forgiveness Date

08/23/2021