PPP Loan information for Wellesley community childrens

$525,000

Wellesley community childrens was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 01/28/2021 by The Cambridge Trust Company reported 51 jobs and $525,000 was used to fund payroll.

Wellesley community childrens is Existing or more than 2 years old

WELLESLEY COMMUNITY CHILDRENS

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELLESLEY COMMUNITY CHILDRENS

Borrower Address

106 Central St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-8203

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

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

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-8203

CD

MA-05

Jobs Reported

51

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524998.00

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

527625.00

Forgiveness Date

08/04/2021

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