PPP Loan information for Elder law center

$25,200

Elder law center was initially approved for PPP Loan of amount $25,200, the current approved amount is $25,200. The loan was approved on 04/15/2020 by The North Shore Bank, a Co-operative Bank reported 5 jobs and $25,200 was used to fund payroll.

Elder law center is Existing or more than 2 years old

ELDER LAW CENTER

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELDER LAW CENTER

Borrower Address

1 Essex Street

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906-4309

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25200.00

Current Approval Amount

25200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-4309

CD

MA-06

Jobs Reported

5

NAICS Code

922130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25200.00

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

Sole Proprietorship

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25358.90

Forgiveness Date

12/07/2020

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