PPP Loan information for 1 root inc.

$14,580

1 root inc. was initially approved for PPP Loan of amount $20,580, the current approved amount is $14,580. The loan was approved on 04/28/2020 by The Polish National CU reported 4 jobs and $14,580 was used to fund payroll.

1 root inc. is New Business or 2 years or less

1 ROOT INC.

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

1 ROOT INC.

Borrower Address

63 MYRON ST

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-1582

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20580.00

Current Approval Amount

14580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98484

Servicing Lender Name

Polish National CU

Servicing Lender Address

46 Main St

Servicing Lender City

CHICOPEE

Servicing Lender State

MA

Servicing Lender Zip

01020-1838

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-1582

CD

MA-01

Jobs Reported

4

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14580.00

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

Subchapter S Corporation

Originating Lender Location Id

98484

Originating Lender

Polish National CU

Originating Lender City

CHICOPEE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14686.25

Forgiveness Date

02/01/2021

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