PPP Loan information for The basil tree, inc.

$281,218

The basil tree, inc. was initially approved for PPP Loan of amount $281,218, the current approved amount is $281,218. The loan was approved on 04/11/2020 by The Eastern Bank reported 29 jobs and $281,218 was used to fund payroll.

The basil tree, inc. is Existing or more than 2 years old

THE BASIL TREE, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE BASIL TREE, INC.

Borrower Address

10 FAWCETT ST

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02138-1110

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281217.50

Current Approval Amount

281217.50

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

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02138-1110

CD

MA-05

Jobs Reported

29

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281217.50

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209466.83

Forgiveness Date

05/24/2021

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