PPP Loan information for The summit montessori school

$281,600

The summit montessori school was initially approved for PPP Loan of amount $281,600, the current approved amount is $281,600. The loan was approved on 04/06/2020 by The MutualOne Bank reported 35 jobs and $281,600 was used to fund payroll.

The summit montessori school is Existing or more than 2 years old

THE SUMMIT MONTESSORI SCHOOL

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE SUMMIT MONTESSORI SCHOOL

Borrower Address

283 PLEASANT ST

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01701-4755

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281600.00

Current Approval Amount

281600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01701-4755

CD

MA-05

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14295.00

Payroll Proceed

161421.00

Mortgage Interest Proceed

10227.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

95657.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

283359.04

Forgiveness Date

12/02/2020

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