PPP Loan information for Forever young adult day health center

$177,708

Forever young adult day health center was initially approved for PPP Loan of amount $177,708, the current approved amount is $177,708. The loan was approved on 01/27/2021 by The Main Street Bank reported 18 jobs and $177,708 was used to fund payroll.

Forever young adult day health center is Existing or more than 2 years old

FOREVER YOUNG ADULT DAY HEALTH CENTER

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FOREVER YOUNG ADULT DAY HEALTH CENTER

Borrower Address

695 Truman Hwy

Borrower City

Hyde Park

Borrower State

MA

Borrower Zip

02136-3552

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177707.50

Current Approval Amount

177707.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hyde Park

Project County Name

SUFFOLK

Project State

MA

Project Zip

02136-3552

CD

MA-07

Jobs Reported

18

NAICS Code

624120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177703.50

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180468.05

Forgiveness Date

08/29/2022

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