PPP Loan information for Long acre inc.

$318,840

Long acre inc. was initially approved for PPP Loan of amount $318,840, the current approved amount is $318,840. The loan was approved on 03/12/2021 by The Needham Bank reported 15 jobs and $318,840 was used to fund payroll.

Long acre inc. is Existing or more than 2 years old

LONG ACRE INC.

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LONG ACRE INC.

Borrower Address

179 Main St

Borrower City

Ashland

Borrower State

MA

Borrower Zip

01721-3124

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318840.27

Current Approval Amount

318840.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01721-3124

CD

MA-02

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

318836.27

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323233.18

Forgiveness Date

08/16/2022

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