PPP Loan information for Worcester art museum

$1,007,800

Worcester art museum was initially approved for PPP Loan of amount $1,007,800, the current approved amount is $1,007,800. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 85 jobs and $1,007,800 was used to fund payroll.

Worcester art museum is Existing or more than 2 years old

PPP Loan Search / MA / WORCESTER / Worcester art museum

WORCESTER ART MUSEUM

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WORCESTER ART MUSEUM

Borrower Address

55 SALISBURY ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01609-1428

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1007800.00

Current Approval Amount

1007800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

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

01609-1428

CD

MA-02

Jobs Reported

85

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1007800.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1015414.49

Forgiveness Date

01/12/2021

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