PPP Loan information for Elg ventures inc.

$544,572

Elg ventures inc. was initially approved for PPP Loan of amount $544,572, the current approved amount is $544,572. The loan was approved on 03/31/2021 by The Cambridge Savings Bank reported 45 jobs and $544,572 was used to fund payroll.

Elg ventures inc. is Existing or more than 2 years old

PPP Loan Search / MA / Cambridge / Elg ventures inc.

ELG VENTURES INC.

Date Approved

03/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ELG VENTURES INC.

Borrower Address

134 Hampshire St

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-1421

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

544572.00

Current Approval Amount

544572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

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

02139-1421

CD

MA-07

Jobs Reported

45

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

544569.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

551136.70

Forgiveness Date

06/16/2022

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