PPP Loan information for Cognition financial corporation

$929,900

Cognition financial corporation was initially approved for PPP Loan of amount $1,617,800, the current approved amount is $929,900. The loan was approved on 04/06/2020 by The Leader Bank, National Association reported 74 jobs and $929,900 was used to fund payroll.

Cognition financial corporation is Existing or more than 2 years old

COGNITION FINANCIAL CORPORATION

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COGNITION FINANCIAL CORPORATION

Borrower Address

200 CLARENDON ST 3rd Floor

Borrower City

BOSTON

Borrower State

MA

Borrower Zip

02116-1300

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1617800.00

Current Approval Amount

929900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02116-1300

CD

MA-08

Jobs Reported

74

NAICS Code

921130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

697425.00

Mortgage Interest Proceed

0.00

Rent Proceed

232475.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

937695.87

Forgiveness Date

02/18/2021

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