PPP Loan information for Melrose veterans building association

$12,542

Melrose veterans building association was initially approved for PPP Loan of amount $12,542, the current approved amount is $12,542. The loan was approved on 03/05/2021 by The Northern Bank and Trust Company reported 12 jobs and $12,542 was used to fund payroll.

Melrose veterans building association is Existing or more than 2 years old

MELROSE VETERANS BUILDING ASSOCIATION

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MELROSE VETERANS BUILDING ASSOCIATION

Borrower Address

14 Chipman Ave

Borrower City

Melrose

Borrower State

MA

Borrower Zip

02176-1203

Loan Status Date

02/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12542.00

Current Approval Amount

12542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-1203

CD

MA-05

Jobs Reported

12

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12537.00

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

Corporation

Originating Lender Location Id

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

12648.61

Forgiveness Date

01/19/2022

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