Date Approved
04/27/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
PHILIP ALAN, INC.
Borrower Address
1050 Massachusetts Avenue
Borrower City
Cambridge
Borrower State
MA
Borrower Zip
02138
Loan Status Date
02/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
419292.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32708
Servicing Lender Name
Cambridge Trust Company
Servicing Lender Address
1336 Massachusetts Ave
Servicing Lender City
CAMBRIDGE
Servicing Lender State
Servicing Lender Zip
02138-3842
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
02138-0001
CD
MA-07
Jobs Reported
45
NAICS Code
812112
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
7000.00
Payroll Proceed
340292.50
Mortgage Interest Proceed
Rent Proceed
72000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
422274.14
Forgiveness Date
01/12/2021