PPP Loan information for Industrial economics, incorporated

$2,116,307

Industrial economics, incorporated was initially approved for PPP Loan of amount $2,116,307, the current approved amount is $2,116,307. The loan was approved on 04/15/2020 by The Cambridge Savings Bank reported 123 jobs and $2,116,307 was used to fund payroll.

Industrial economics, incorporated is Existing or more than 2 years old

INDUSTRIAL ECONOMICS, INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INDUSTRIAL ECONOMICS, INCORPORATED

Borrower Address

2067 MASSACHUSETTS AVE

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02140-1340

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2116307.00

Current Approval Amount

2116307.00

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

02140-1340

CD

MA-05

Jobs Reported

123

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

529076.75

Payroll Proceed

1587230.25

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;