PPP Loan information for The shoreline corporation

$517,112

The shoreline corporation was initially approved for PPP Loan of amount $517,112, the current approved amount is $517,112. The loan was approved on 04/13/2020 by The Cambridge Savings Bank reported 42 jobs and $517,112 was used to fund payroll.

The shoreline corporation is Existing or more than 2 years old

THE SHORELINE CORPORATION

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE SHORELINE CORPORATION

Borrower Address

130 PROSPECT ST

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02139-1813

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517112.00

Current Approval Amount

517112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

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

02139-1813

CD

MA-07

Jobs Reported

42

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

129278.00

Payroll Proceed

387834.00

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

Subchapter S Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520838.04

Forgiveness Date

01/11/2021

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