PPP Loan information for The boston architectural college

$1,901,500

The boston architectural college was initially approved for PPP Loan of amount $1,901,500, the current approved amount is $1,901,500. The loan was approved on 04/07/2020 by The Eastern Bank reported 145 jobs and $1,901,500 was used to fund payroll.

The boston architectural college is Existing or more than 2 years old

THE BOSTON ARCHITECTURAL COLLEGE

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE BOSTON ARCHITECTURAL COLLEGE

Borrower Address

320 NEWBURY ST

Borrower City

BOSTON

Borrower State

MA

Borrower Zip

02115-2703

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1901500.00

Current Approval Amount

1901500.00

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

BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02115-2703

CD

MA-07

Jobs Reported

145

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1901500.00

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

Non-Profit Organization

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1919828.35

Forgiveness Date

03/31/2021

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