PPP Loan information for Mortgage equity partners, llc

$1,881,800

Mortgage equity partners, llc was initially approved for PPP Loan of amount $1,881,800, the current approved amount is $1,881,800. The loan was approved on 04/07/2020 by The North Shore Bank, a Co-operative Bank reported 97 jobs and $1,881,800 was used to fund payroll.

Mortgage equity partners, llc is Existing or more than 2 years old

PPP Loan Search / MA / LYNNFIELD / Mortgage equity partners, llc

MORTGAGE EQUITY PARTNERS, LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MORTGAGE EQUITY PARTNERS, LLC

Borrower Address

220 BROADWAY

Borrower City

LYNNFIELD

Borrower State

MA

Borrower Zip

01940-2314

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1881800.00

Current Approval Amount

1881800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNNFIELD

Project County Name

ESSEX

Project State

MA

Project Zip

01940-2314

CD

MA-06

Jobs Reported

97

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1881800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1906786.12

Forgiveness Date

08/09/2021

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