PPP Loan information for Momentum enterprises incorporated

$183,600

Momentum enterprises incorporated was initially approved for PPP Loan of amount $183,600, the current approved amount is $183,600. The loan was approved on 03/31/2021 by The Needham Bank reported 7 jobs and $183,600 was used to fund payroll.

Momentum enterprises incorporated is Existing or more than 2 years old

MOMENTUM ENTERPRISES INCORPORATED

Date Approved

03/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MOMENTUM ENTERPRISES INCORPORATED

Borrower Address

2 Hale St

Borrower City

Newton Upper Falls

Borrower State

MA

Borrower Zip

02464-1311

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183600.00

Current Approval Amount

183600.00

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

Newton Upper Falls

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02464-1311

CD

MA-04

Jobs Reported

7

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

183594.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185466.60

Forgiveness Date

04/14/2022

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