PPP Loan information for Language scientific, inc.

$742,382

Language scientific, inc. was initially approved for PPP Loan of amount $742,382, the current approved amount is $742,382. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 45 jobs and $742,382 was used to fund payroll.

Language scientific, inc. is Existing or more than 2 years old

LANGUAGE SCIENTIFIC, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LANGUAGE SCIENTIFIC, INC.

Borrower Address

101 Station Landing, Suite 500

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-5148

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742381.72

Current Approval Amount

742381.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-5148

CD

MA-05

Jobs Reported

45

NAICS Code

541930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1088.00

Payroll Proceed

681890.63

Mortgage Interest Proceed

0.00

Rent Proceed

59403.09

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

746361.71

Forgiveness Date

11/03/2020

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