PPP Loan information for Economic development incentives inc

$56,980

Economic development incentives inc was initially approved for PPP Loan of amount $56,980, the current approved amount is $56,980. The loan was approved on 03/20/2021 by The UniBank for Savings reported 2 jobs and $56,980 was used to fund payroll.

Economic development incentives inc is Existing or more than 2 years old

ECONOMIC DEVELOPMENT INCENTIVES INC

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ECONOMIC DEVELOPMENT INCENTIVES INC

Borrower Address

80 Orange St

Borrower City

Douglas

Borrower State

MA

Borrower Zip

01516-2708

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56980.00

Current Approval Amount

56980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33377

Servicing Lender Name

UniBank for Savings

Servicing Lender Address

49 Church St

Servicing Lender City

WHITINSVILLE

Servicing Lender State

MA

Servicing Lender Zip

01588-1415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

WORCESTER

Project State

MA

Project Zip

01516-2708

CD

MA-02

Jobs Reported

2

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56980.00

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

Subchapter S Corporation

Originating Lender Location Id

33377

Originating Lender

UniBank for Savings

Originating Lender City

WHITINSVILLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57242.74

Forgiveness Date

09/09/2021

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