PPP Loan information for Center of hope foundation inc.

$1,218,678

Center of hope foundation inc. was initially approved for PPP Loan of amount $1,218,678, the current approved amount is $1,218,678. The loan was approved on 02/18/2021 by The Cornerstone Bank reported 115 jobs and $1,218,678 was used to fund payroll.

Center of hope foundation inc. is Existing or more than 2 years old

PPP Loan Search / MA / Southbridge / Center of hope foundation inc.

CENTER OF HOPE FOUNDATION INC.

Date Approved

02/18/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CENTER OF HOPE FOUNDATION INC.

Borrower Address

100 Foster St

Borrower City

Southbridge

Borrower State

MA

Borrower Zip

01550-2595

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1218678.22

Current Approval Amount

1218678.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-2595

CD

MA-01

Jobs Reported

115

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1218678.22

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

501(c)3 – Non Profit

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1226125.70

Forgiveness Date

09/28/2021

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