PPP Loan information for Thoughtforms corporation

$850,000

Thoughtforms corporation was initially approved for PPP Loan of amount $850,000, the current approved amount is $850,000. The loan was approved on 04/15/2020 by The Cambridge Trust Company reported 49 jobs and $850,000 was used to fund payroll.

Thoughtforms corporation is Existing or more than 2 years old

PPP Loan Search / MA / ACTON / Thoughtforms corporation

THOUGHTFORMS CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THOUGHTFORMS CORPORATION

Borrower Address

525 Massachusetts Avenue Suite 204

Borrower City

ACTON

Borrower State

MA

Borrower Zip

01720-2963

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

850000.00

Current Approval Amount

850000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-2963

CD

MA-03

Jobs Reported

49

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

825650.00

Mortgage Interest Proceed

0.00

Rent Proceed

19350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

858027.78

Forgiveness Date

03/31/2021

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