PPP Loan information for Dorchester bay economic development corporation

$460,600

Dorchester bay economic development corporation was initially approved for PPP Loan of amount $460,600, the current approved amount is $460,600. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 27 jobs and $460,600 was used to fund payroll.

Dorchester bay economic development corporation is Existing or more than 2 years old

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

594 Columbia Road, #302

Borrower City

DORCHESTER

Borrower State

MA

Borrower Zip

02125-3414

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460600.00

Current Approval Amount

460600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DORCHESTER

Project County Name

SUFFOLK

Project State

MA

Project Zip

02125-3414

CD

MA-08

Jobs Reported

27

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

460600.00

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

Trust

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464840.04

Forgiveness Date

03/31/2021

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