PPP Loan information for Milton residences for the elderly, inc.

$237,000

Milton residences for the elderly, inc. was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 04/06/2020 by The The Bank of Canton reported 30 jobs and $237,000 was used to fund payroll.

Milton residences for the elderly, inc. is Existing or more than 2 years old

MILTON RESIDENCES FOR THE ELDERLY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MILTON RESIDENCES FOR THE ELDERLY, INC.

Borrower Address

600 CANTON AVE

Borrower City

MILTON

Borrower State

MA

Borrower Zip

02186-3131

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02186-3131

CD

MA-08

Jobs Reported

30

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

Non-Profit Organization

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

239613.58

Forgiveness Date

05/18/2021

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