PPP Loan information for Community economic development center

$55,319

Community economic development center was initially approved for PPP Loan of amount $55,319, the current approved amount is $55,319. The loan was approved on 03/27/2021 by The Bank of America, National Association reported 8 jobs and $55,319 was used to fund payroll.

Community economic development center is Existing or more than 2 years old

COMMUNITY ECONOMIC DEVELOPMENT CENTER

Date Approved

03/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COMMUNITY ECONOMIC DEVELOPMENT CENTER

Borrower Address

1285 Acushnet Ave

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02746-2020

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55319.00

Current Approval Amount

55319.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02746-2020

CD

MA-09

Jobs Reported

8

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55319.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55588.77

Forgiveness Date

09/23/2021

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