PPP Loan information for Reservoir medical associates

$239,000

Reservoir medical associates was initially approved for PPP Loan of amount $239,000, the current approved amount is $239,000. The loan was approved on 04/14/2020 by The Citizens Bank, National Association reported 16 jobs and $239,000 was used to fund payroll.

Reservoir medical associates is Existing or more than 2 years old

RESERVOIR MEDICAL ASSOCIATES

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RESERVOIR MEDICAL ASSOCIATES

Borrower Address

725 concord ave

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02138-1040

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239000.00

Current Approval Amount

239000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02138-1040

CD

MA-05

Jobs Reported

16

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

231304.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7696.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240767.95

Forgiveness Date

01/25/2021

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