PPP Loan information for Belarc, inc.

$181,559

Belarc, inc. was initially approved for PPP Loan of amount $181,559, the current approved amount is $181,559. The loan was approved on 04/15/2020 by The Cambridge Trust Company reported 11 jobs and $181,559 was used to fund payroll.

Belarc, inc. is Existing or more than 2 years old

BELARC, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BELARC, INC.

Borrower Address

2 Mill & Main S 520

Borrower City

Maynard

Borrower State

MA

Borrower Zip

01754-1510

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181558.90

Current Approval Amount

181558.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maynard

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01754-1510

CD

MA-05

Jobs Reported

11

NAICS Code

541430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176642.90

Mortgage Interest Proceed

0.00

Rent Proceed

4916.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182890.33

Forgiveness Date

01/14/2021

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