PPP Loan information for Home for aged women in salem

$156,937

Home for aged women in salem was initially approved for PPP Loan of amount $156,937, the current approved amount is $156,937. The loan was approved on 05/01/2020 by The Eastern Bank reported 20 jobs and $156,937 was used to fund payroll.

Home for aged women in salem is New Business or 2 years or less

HOME FOR AGED WOMEN IN SALEM

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HOME FOR AGED WOMEN IN SALEM

Borrower Address

180 DERBY ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156937.00

Current Approval Amount

156937.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-0001

CD

MA-06

Jobs Reported

20

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156937.00

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

158698.18

Forgiveness Date

06/15/2021

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