PPP Loan information for Cambridge center for adult education

$170,989

Cambridge center for adult education was initially approved for PPP Loan of amount $170,989, the current approved amount is $170,989. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 14 jobs and $170,989 was used to fund payroll.

Cambridge center for adult education is Existing or more than 2 years old

CAMBRIDGE CENTER FOR ADULT EDUCATION

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CAMBRIDGE CENTER FOR ADULT EDUCATION

Borrower Address

42 Brattle Street

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02138

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170989.39

Current Approval Amount

170989.39

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

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02138-0001

CD

MA-07

Jobs Reported

14

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

164989.39

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

171844.34

Forgiveness Date

11/03/2020

;