PPP Loan information for Walnut apartments associates

$68,428

Walnut apartments associates was initially approved for PPP Loan of amount $68,428, the current approved amount is $68,428. The loan was approved on 01/25/2021 by The New Valley Bank & Trust reported 4 jobs and $68,428 was used to fund payroll.

Walnut apartments associates is Existing or more than 2 years old

WALNUT APARTMENTS ASSOCIATES

Date Approved

01/25/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

WALNUT APARTMENTS ASSOCIATES

Borrower Address

1102 State St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01109-2731

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68427.50

Current Approval Amount

68427.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01109-2731

CD

MA-01

Jobs Reported

4

NAICS Code

531190

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68426.50

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

Partnership

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68963.67

Forgiveness Date

11/10/2021

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