PPP Loan information for African community econom

$49,067

African community econom was initially approved for PPP Loan of amount $49,067, the current approved amount is $49,067. The loan was approved on 02/10/2021 by The Eastern Bank reported 10 jobs and $49,067 was used to fund payroll.

African community econom is Existing or more than 2 years old

AFRICAN COMMUNITY ECONOM

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AFRICAN COMMUNITY ECONOM

Borrower Address

48 John Eliot Sq

Borrower City

Roxbury

Borrower State

MA

Borrower Zip

02119-3512

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49067.00

Current Approval Amount

49067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roxbury

Project County Name

SUFFOLK

Project State

MA

Project Zip

02119-3512

CD

MA-07

Jobs Reported

10

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49063.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

49820.72

Forgiveness Date

08/22/2022

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