PPP Loan information for Synapse energy economics inc.

$609,140

Synapse energy economics inc. was initially approved for PPP Loan of amount $609,140, the current approved amount is $609,140. The loan was approved on 04/28/2020 by The Middlesex Savings Bank reported 36 jobs and $609,140 was used to fund payroll.

Synapse energy economics inc. is Existing or more than 2 years old

SYNAPSE ENERGY ECONOMICS INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SYNAPSE ENERGY ECONOMICS INC.

Borrower Address

485 MASSACHUSETTS AVE Suite 3

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02139-4058

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

609140.00

Current Approval Amount

609140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-4058

CD

MA-07

Jobs Reported

36

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1140.00

Payroll Proceed

605000.00

Mortgage Interest Proceed

3000.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

612608.71

Forgiveness Date

11/23/2020

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