PPP Loan information for Lynn home for elderly persons

$282,270

Lynn home for elderly persons was initially approved for PPP Loan of amount $282,270, the current approved amount is $282,270. The loan was approved on 06/25/2020 by The WebBank reported 38 jobs and $282,270 was used to fund payroll.

Lynn home for elderly persons is Existing or more than 2 years old

LYNN HOME FOR ELDERLY PERSONS

Date Approved

06/25/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LYNN HOME FOR ELDERLY PERSONS

Borrower Address

One Atlantic Terrace

Borrower City

Lynn

Borrower State

MA

Borrower Zip

01902-3114

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282270.00

Current Approval Amount

282270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynn

Project County Name

ESSEX

Project State

MA

Project Zip

01902-3114

CD

MA-06

Jobs Reported

38

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

282270.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

285563.15

Forgiveness Date

08/25/2021

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