PPP Loan information for African community economic development of new england, inc.

$50,000

African community economic development of new england, inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/28/2020 by The Eastern Bank reported 7 jobs and $50,000 was used to fund payroll.

African community economic development of new england, inc. is Existing or more than 2 years old

PPP Loan Search / MA / ROXBURY / African community economic development of new england, inc.

AFRICAN COMMUNITY ECONOMIC DEVELOPMENT OF NEW ENGLAND, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AFRICAN COMMUNITY ECONOMIC DEVELOPMENT OF NEW ENGLAND, INC.

Borrower Address

48 JOHN ELIOT SQUARE

Borrower City

ROXBURY

Borrower State

MA

Borrower Zip

02119

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

02119-0001

CD

MA-07

Jobs Reported

7

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

50615.28

Forgiveness Date

07/22/2021

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