PPP Loan information for Community adolescent resource and education center inc.

$214,400

Community adolescent resource and education center inc. was initially approved for PPP Loan of amount $214,400, the current approved amount is $214,400. The loan was approved on 04/28/2020 by The PeoplesBank reported 24 jobs and $214,400 was used to fund payroll.

Community adolescent resource and education center inc. is Existing or more than 2 years old

COMMUNITY ADOLESCENT RESOURCE AND EDUCATION CENTER INC.

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

COMMUNITY ADOLESCENT RESOURCE AND EDUCATION CENTER INC.

Borrower Address

247 CABOT ST

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040-3927

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214400.00

Current Approval Amount

214400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLYOKE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-3927

CD

MA-01

Jobs Reported

24

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214400.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

215639.41

Forgiveness Date

12/03/2020

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