PPP Loan information for Old colony elder services, inc.

$720,000

Old colony elder services, inc. was initially approved for PPP Loan of amount $720,000, the current approved amount is $720,000. The loan was approved on 05/03/2020 by The MountainOne Bank reported 247 jobs and $720,000 was used to fund payroll.

Old colony elder services, inc. is Existing or more than 2 years old

OLD COLONY ELDER SERVICES, INC.

Date Approved

05/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLD COLONY ELDER SERVICES, INC.

Borrower Address

144 Main St

Borrower City

Brockton

Borrower State

MA

Borrower Zip

02301-4046

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

720000.00

Current Approval Amount

720000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brockton

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-4046

CD

MA-08

Jobs Reported

247

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

720000.00

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

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

723649.32

Forgiveness Date

11/17/2020

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