PPP Loan information for Marlboro economic development corporation

$51,581

Marlboro economic development corporation was initially approved for PPP Loan of amount $51,581, the current approved amount is $51,581. The loan was approved on 01/27/2021 by The Main Street Bank reported 4 jobs and $51,581 was used to fund payroll.

Marlboro economic development corporation is Existing or more than 2 years old

MARLBORO ECONOMIC DEVELOPMENT CORPORATION

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARLBORO ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

91 Main St Ste 204

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-3815

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51581.20

Current Approval Amount

51581.20

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3815

CD

MA-03

Jobs Reported

4

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51579.20

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

51836.99

Forgiveness Date

08/06/2021

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