PPP Loan information for Communities for people

$1,982,885

Communities for people was initially approved for PPP Loan of amount $1,982,885, the current approved amount is $1,982,885. The loan was approved on 02/10/2021 by The Eastern Bank reported 197 jobs and $1,982,885 was used to fund payroll.

Communities for people is Existing or more than 2 years old

COMMUNITIES FOR PEOPLE

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COMMUNITIES FOR PEOPLE

Borrower Address

418 Commonwealth Ave

Borrower City

Boston

Borrower State

MA

Borrower Zip

02215-2801

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1982885.00

Current Approval Amount

1982885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

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

02215-2801

CD

MA-07

Jobs Reported

197

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1982881.00

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

Non-Profit Organization

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2005357.70

Forgiveness Date

04/04/2022

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