PPP Loan information for Manged health resources

$933,000

Manged health resources was initially approved for PPP Loan of amount $933,000, the current approved amount is $933,000. The loan was approved on 04/09/2020 by The Needham Bank reported 134 jobs and $933,000 was used to fund payroll.

Manged health resources is Existing or more than 2 years old

MANGED HEALTH RESOURCES

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MANGED HEALTH RESOURCES

Borrower Address

259 Lowell St

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02144-2613

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933000.00

Current Approval Amount

933000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-2613

CD

MA-07

Jobs Reported

134

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933000.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

937794.58

Forgiveness Date

11/03/2020

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