PPP Loan information for Newton community development foundation, inc.

$246,965

Newton community development foundation, inc. was initially approved for PPP Loan of amount $246,965, the current approved amount is $246,965. The loan was approved on 04/27/2020 by The The Village Bank reported 21 jobs and $246,965 was used to fund payroll.

Newton community development foundation, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEWTON / Newton community development foundation, inc.

NEWTON COMMUNITY DEVELOPMENT FOUNDATION, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON COMMUNITY DEVELOPMENT FOUNDATION, INC.

Borrower Address

425 WATERTOWN ST

Borrower City

NEWTON

Borrower State

MA

Borrower Zip

02458-1131

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246965.00

Current Approval Amount

246965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02458-1131

CD

MA-04

Jobs Reported

21

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246965.00

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

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

248291.17

Forgiveness Date

11/23/2020

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