PPP Loan information for Newton art center

$128,838

Newton art center was initially approved for PPP Loan of amount $128,838, the current approved amount is $128,838. The loan was approved on 04/10/2020 by The The Village Bank reported 10 jobs and $128,838 was used to fund payroll.

Newton art center is Existing or more than 2 years old

NEWTON ART CENTER

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON ART CENTER

Borrower Address

61 WASHINGTON PARK

Borrower City

NEWTONVILLE

Borrower State

MA

Borrower Zip

02460-1522

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128837.69

Current Approval Amount

128837.69

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTONVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02460-1522

CD

MA-04

Jobs Reported

10

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128837.69

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

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

129896.63

Forgiveness Date

02/17/2021

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