PPP Loan information for College bound dorchester

$620,986

College bound dorchester was initially approved for PPP Loan of amount $620,986, the current approved amount is $620,986. The loan was approved on 01/27/2021 by The Eastern Bank reported 40 jobs and $620,986 was used to fund payroll.

College bound dorchester is Existing or more than 2 years old

COLLEGE BOUND DORCHESTER

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COLLEGE BOUND DORCHESTER

Borrower Address

275 E Cottage St

Borrower City

Dorchester

Borrower State

MA

Borrower Zip

02125-1708

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620985.75

Current Approval Amount

620985.75

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

Dorchester

Project County Name

SUFFOLK

Project State

MA

Project Zip

02125-1708

CD

MA-08

Jobs Reported

40

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

620980.75

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

625936.39

Forgiveness Date

11/16/2021

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