PPP Loan information for The garment district inc

$257,795

The garment district inc was initially approved for PPP Loan of amount $257,795, the current approved amount is $257,795. The loan was approved on 01/20/2021 by The East Cambridge Savings Bank reported 39 jobs and $257,795 was used to fund payroll.

The garment district inc is Existing or more than 2 years old

THE GARMENT DISTRICT INC

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE GARMENT DISTRICT INC

Borrower Address

200 Broadway

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-1944

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

257794.80

Current Approval Amount

257794.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

Y

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

02139-1944

CD

MA-07

Jobs Reported

39

NAICS Code

453310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

257792.80

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

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258762.41

Forgiveness Date

06/15/2021

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