PPP Loan information for Division seven tea corporation

$194,100

Division seven tea corporation was initially approved for PPP Loan of amount $194,100, the current approved amount is $194,100. The loan was approved on 01/25/2021 by The Leader Bank, National Association reported 20 jobs and $194,100 was used to fund payroll.

Division seven tea corporation is Existing or more than 2 years old

PPP Loan Search / MA / Watertown / Division seven tea corporation

DIVISION SEVEN TEA CORPORATION

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DIVISION SEVEN TEA CORPORATION

Borrower Address

49 Elm St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2821

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194100.00

Current Approval Amount

194100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2821

CD

MA-05

Jobs Reported

20

NAICS Code

424490

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194098.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195987.82

Forgiveness Date

01/28/2022

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