PPP Loan information for Beverly racquet & fitness club inc.

$277,222

Beverly racquet & fitness club inc. was initially approved for PPP Loan of amount $277,222, the current approved amount is $277,222. The loan was approved on 03/12/2021 by The East Cambridge Savings Bank reported 35 jobs and $277,222 was used to fund payroll.

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

PPP Loan Search / MA / Beverly / Beverly racquet & fitness club inc.

BEVERLY RACQUET & FITNESS CLUB INC.

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BEVERLY RACQUET & FITNESS CLUB INC.

Borrower Address

7 Reservoir Rd

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-5501

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277222.00

Current Approval Amount

277222.00

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

35

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277218.00

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

278976.47

Forgiveness Date

11/09/2021

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