PPP Loan information for Beverly racquet & fitness club

$287,100

Beverly racquet & fitness club was initially approved for PPP Loan of amount $287,100, the current approved amount is $287,100. The loan was approved on 04/14/2020 by The East Cambridge Savings Bank reported 82 jobs and $287,100 was used to fund payroll.

Beverly racquet & fitness club is Existing or more than 2 years old

BEVERLY RACQUET & FITNESS CLUB

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BEVERLY RACQUET & FITNESS CLUB

Borrower Address

7 RESERVOIR RD

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-5501

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287100.00

Current Approval Amount

287100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-5501

CD

MA-06

Jobs Reported

82

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287100.00

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

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290663.19

Forgiveness Date

07/22/2021

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