PPP Loan information for Old colony library network inc

$120,000

Old colony library network inc was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 04/11/2020 by The Eastern Bank reported 6 jobs and $120,000 was used to fund payroll.

Old colony library network inc is Existing or more than 2 years old

PPP Loan Search / MA / BRAINTREE / Old colony library network inc

OLD COLONY LIBRARY NETWORK INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLD COLONY LIBRARY NETWORK INC

Borrower Address

220 FORBES RD Suite 401

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-2693

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-2693

CD

MA-08

Jobs Reported

6

NAICS Code

813319

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

121063.33

Forgiveness Date

03/22/2021

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