PPP Loan information for Community action programs inter-city, inc

$1,007,600

Community action programs inter-city, inc was initially approved for PPP Loan of amount $952,500, the current approved amount is $1,007,600. The loan was approved on 04/28/2020 by The Salem Five Cents Savings Bank reported 128 jobs and $1,007,600 was used to fund payroll.

Community action programs inter-city, inc is Existing or more than 2 years old

PPP Loan Search / MA / Chelsea / Community action programs inter-city, inc

COMMUNITY ACTION PROGRAMS INTER-CITY, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMUNITY ACTION PROGRAMS INTER-CITY, INC

Borrower Address

100 Everett Ave Unit 14

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150

Loan Status Date

06/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952500.00

Current Approval Amount

1007600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-0006

CD

MA-07

Jobs Reported

128

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1007600.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

743044.55

Forgiveness Date

04/15/2021

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