PPP Loan information for True grounds inc.

$56,540

True grounds inc. was initially approved for PPP Loan of amount $56,540, the current approved amount is $56,540. The loan was approved on 04/12/2020 by The Eastern Bank reported 10 jobs and $56,540 was used to fund payroll.

True grounds inc. is Existing or more than 2 years old

PPP Loan Search / MA / SOMERVILLE / True grounds inc.

TRUE GROUNDS INC.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TRUE GROUNDS INC.

Borrower Address

717 BROADWAY

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02144-2223

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56540.00

Current Approval Amount

56540.00

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

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-2223

CD

MA-07

Jobs Reported

10

NAICS Code

722514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56540.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57067.71

Forgiveness Date

03/24/2021

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