PPP Loan information for Insight meditation society

$534,940

Insight meditation society was initially approved for PPP Loan of amount $460,015, the current approved amount is $534,940. The loan was approved on 04/04/2020 by The Fidelity Co-Operative Bank reported 50 jobs and $534,940 was used to fund payroll.

Insight meditation society is Existing or more than 2 years old

INSIGHT MEDITATION SOCIETY

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSIGHT MEDITATION SOCIETY

Borrower Address

1230 Pleasant St

Borrower City

BARRE

Borrower State

MA

Borrower Zip

01005-9313

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460015.00

Current Approval Amount

534940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80075

Servicing Lender Name

Fidelity Co-Operative Bank

Servicing Lender Address

9 Leominster Connector

Servicing Lender City

LEOMINSTER

Servicing Lender State

MA

Servicing Lender Zip

01453-3791

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRE

Project County Name

WORCESTER

Project State

MA

Project Zip

01005-9313

CD

MA-02

Jobs Reported

50

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

534940.00

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

Non-Profit Organization

Originating Lender Location Id

80075

Originating Lender

Fidelity Co-Operative Bank

Originating Lender City

LEOMINSTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

538134.98

Forgiveness Date

11/18/2020

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