PPP Loan information for The debt exchange, inc.

$1,523,400

The debt exchange, inc. was initially approved for PPP Loan of amount $1,523,400, the current approved amount is $1,523,400. The loan was approved on 04/27/2020 by The Citibank, N.A. reported 70 jobs and $1,523,400 was used to fund payroll.

The debt exchange, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Boston / The debt exchange, inc.

THE DEBT EXCHANGE, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE DEBT EXCHANGE, INC.

Borrower Address

100 Summer Street Suite 1900

Borrower City

Boston

Borrower State

MA

Borrower Zip

02110-2142

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1523400.00

Current Approval Amount

1523400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

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

02110-2142

CD

MA-08

Jobs Reported

70

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1523400.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1532540.40

Forgiveness Date

12/09/2020

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