PPP Loan information for Emeritus institute of management inc

$729,860

Emeritus institute of management inc was initially approved for PPP Loan of amount $729,860, the current approved amount is $729,860. The loan was approved on 04/29/2020 by The HSBC Bank USA, National Association reported 59 jobs and $729,860 was used to fund payroll.

Emeritus institute of management inc is Existing or more than 2 years old

EMERITUS INSTITUTE OF MANAGEMENT INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EMERITUS INSTITUTE OF MANAGEMENT INC

Borrower Address

1 BROADWAY 14 FL, CIC

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02142-1187

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729860.00

Current Approval Amount

729860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02142-1187

CD

MA-07

Jobs Reported

59

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729860.00

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

Corporation

Originating Lender Location Id

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

736590.93

Forgiveness Date

04/08/2021

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