PPP Loan information for Worcester business development corporation

$218,530

Worcester business development corporation was initially approved for PPP Loan of amount $218,530, the current approved amount is $218,530. The loan was approved on 04/05/2020 by The Fidelity Co-Operative Bank reported 10 jobs and $218,530 was used to fund payroll.

Worcester business development corporation is Existing or more than 2 years old

WORCESTER BUSINESS DEVELOPMENT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WORCESTER BUSINESS DEVELOPMENT CORPORATION

Borrower Address

89 Shrewsbury St

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-0009

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218530.00

Current Approval Amount

218530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80075

Servicing Lender Name

Fidelity Co-Operative Bank

Servicing Lender Address

9 Leominster Connector

Servicing Lender City

LEOMINSTER

Servicing Lender State

MA

Servicing Lender Zip

01453-3791

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

01604-0009

CD

MA-02

Jobs Reported

10

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218530.00

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

80075

Originating Lender

Fidelity Co-Operative Bank

Originating Lender City

LEOMINSTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

220200.41

Forgiveness Date

01/15/2021

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