Date Approved
04/02/2021
SBA Office Code
0101
Processing Method
PPS
Borrower Name
FOLK ARTS CENTER OF NEW ENGLAND
Borrower Address
10 Franklin St
Borrower City
Stoneham
Borrower State
MA
Borrower Zip
02180-1862
Loan Status Date
12/01/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
21708.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122043
Servicing Lender Name
WebBank
Servicing Lender Address
215 S State St, Ste 1000
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-2336
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
MA-05
Jobs Reported
2
NAICS Code
713990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
21706.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
21828.60
Forgiveness Date
10/25/2021