PPP Loan information for Priority funding solutions

$315,000

Priority funding solutions was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 02/26/2021 by The Cambridge Trust Company reported 7 jobs and $315,000 was used to fund payroll.

Priority funding solutions is Existing or more than 2 years old

PRIORITY FUNDING SOLUTIONS

Date Approved

02/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRIORITY FUNDING SOLUTIONS

Borrower Address

300 Tradecenter Ste 4580 Woburn Ma 01801-7446

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-7446

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

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

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-7446

CD

MA-05

Jobs Reported

7

NAICS Code

522310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

314998.00

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

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319550.00

Forgiveness Date

08/04/2022

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