PPP Loan information for Affordable properties, llc

$113,900

Affordable properties, llc was initially approved for PPP Loan of amount $113,900, the current approved amount is $113,900. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 11 jobs and $113,900 was used to fund payroll.

Affordable properties, llc is Existing or more than 2 years old

AFFORDABLE PROPERTIES, LLC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AFFORDABLE PROPERTIES, LLC

Borrower Address

33 DOVER ST., Suite #124

Borrower City

BROCKTON

Borrower State

MA

Borrower Zip

02301-5938

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113900.00

Current Approval Amount

113900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROCKTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-5938

CD

MA-08

Jobs Reported

11

NAICS Code

531110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85425.00

Mortgage Interest Proceed

28475.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115567.37

Forgiveness Date

09/23/2021

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