PPP Loan information for Commonwealth land trust, inc.

$407,694

Commonwealth land trust, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $407,694. The loan was approved on 04/07/2020 by The Eastern Bank reported 40 jobs and $407,694 was used to fund payroll.

Commonwealth land trust, inc. is Existing or more than 2 years old

COMMONWEALTH LAND TRUST, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMONWEALTH LAND TRUST, INC.

Borrower Address

1059 Tremont St Suite 2

Borrower City

ROXBURY CROSSING

Borrower State

MA

Borrower Zip

02120-2142

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

407694.00

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 CROSSING

Project County Name

SUFFOLK

Project State

MA

Project Zip

02120-2142

CD

MA-07

Jobs Reported

40

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

407694.00

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

411589.74

Forgiveness Date

03/29/2021

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