PPP Loan information for Cambridge brewing company

$420,000

Cambridge brewing company was initially approved for PPP Loan of amount $420,000, the current approved amount is $420,000. The loan was approved on 01/17/2021 by The Naveo CU reported 35 jobs and $420,000 was used to fund payroll.

Cambridge brewing company is Existing or more than 2 years old

PPP Loan Search / MA / Cambridge / Cambridge brewing company

CAMBRIDGE BREWING COMPANY

Date Approved

01/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAMBRIDGE BREWING COMPANY

Borrower Address

1 Kendall Sq Ste B1102

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-1592

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

420000.00

Current Approval Amount

420000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98276

Servicing Lender Name

Naveo CU

Servicing Lender Address

493 Somerville Ave

Servicing Lender City

SOMERVILLE

Servicing Lender State

MA

Servicing Lender Zip

02143-3246

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-1592

CD

MA-07

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

419998.00

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

Subchapter S Corporation

Originating Lender Location Id

98276

Originating Lender

Naveo CU

Originating Lender City

SOMERVILLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422094.25

Forgiveness Date

07/30/2021

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