PPP Loan information for Communitas, inc

$1,515,972

Communitas, inc was initially approved for PPP Loan of amount $1,515,972, the current approved amount is $1,515,972. The loan was approved on 04/15/2020 by The Cambridge Savings Bank reported 295 jobs and $1,515,972 was used to fund payroll.

Communitas, inc is Existing or more than 2 years old

COMMUNITAS, INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMUNITAS, INC

Borrower Address

60 D AUDUBON RD

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880-0038

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1515972.00

Current Approval Amount

1515972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-0038

CD

MA-06

Jobs Reported

295

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1515972.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1524943.23

Forgiveness Date

11/25/2020

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