PPP Loan information for Methuen assisted living limited partnership

$532,000

Methuen assisted living limited partnership was initially approved for PPP Loan of amount $532,000, the current approved amount is $532,000. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 90 jobs and $532,000 was used to fund payroll.

Methuen assisted living limited partnership is Existing or more than 2 years old

METHUEN ASSISTED LIVING LIMITED PARTNERSHIP

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METHUEN ASSISTED LIVING LIMITED PARTNERSHIP

Borrower Address

4 GLEASON ST

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-3028

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532000.00

Current Approval Amount

532000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-3028

CD

MA-03

Jobs Reported

90

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26600.00

Payroll Proceed

399000.00

Mortgage Interest Proceed

106400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

538369.22

Forgiveness Date

06/28/2021

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