PPP Loan information for The basil tree inc.

$393,704

The basil tree inc. was initially approved for PPP Loan of amount $393,704, the current approved amount is $393,704. The loan was approved on 03/17/2021 by The Eastern Bank reported 9 jobs and $393,704 was used to fund payroll.

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

PPP Loan Search / MA / Cambridge / The basil tree inc.

THE BASIL TREE INC.

Date Approved

03/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE BASIL TREE INC.

Borrower Address

10 Fawcett St

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02138-1171

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

393704.00

Current Approval Amount

393704.00

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

02138-1171

CD

MA-05

Jobs Reported

9

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

393699.00

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

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

359441.40

Forgiveness Date

01/03/2022

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