PPP Loan information for Worcester academy

$2,000,000

Worcester academy was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/26/2021 by The Manufacturers and Traders Trust Company reported 170 jobs and $2,000,000 was used to fund payroll.

Worcester academy is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / Worcester academy

WORCESTER ACADEMY

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WORCESTER ACADEMY

Borrower Address

81 Providence St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01604-4203

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-4203

CD

MA-02

Jobs Reported

170

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2012273.97

Forgiveness Date

11/10/2021

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