PPP Loan information for Concord art association

$42,500

Concord art association was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/15/2020 by The Cambridge Trust Company reported 6 jobs and $42,500 was used to fund payroll.

Concord art association is Existing or more than 2 years old

CONCORD ART ASSOCIATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CONCORD ART ASSOCIATION

Borrower Address

37 Lexington Rd

Borrower City

Concord

Borrower State

MA

Borrower Zip

01742-2512

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-2512

CD

MA-03

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

40000.00

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

42751.46

Forgiveness Date

11/25/2020

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