PPP Loan information for The possible project inc

$637,465

The possible project inc was initially approved for PPP Loan of amount $637,465, the current approved amount is $637,465. The loan was approved on 03/26/2021 by The Eastern Bank reported 34 jobs and $637,465 was used to fund payroll.

The possible project inc is Existing or more than 2 years old

PPP Loan Search / MA / Cambridge / The possible project inc

THE POSSIBLE PROJECT INC

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE POSSIBLE PROJECT INC

Borrower Address

17 Sellers St

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-3005

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

637465.00

Current Approval Amount

637465.00

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

02139-3005

CD

MA-05

Jobs Reported

34

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

637465.00

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

641537.69

Forgiveness Date

11/24/2021

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