PPP Loan information for Place of promise, inc

$33,600

Place of promise, inc was initially approved for PPP Loan of amount $33,600, the current approved amount is $33,600. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 6 jobs and $33,600 was used to fund payroll.

Place of promise, inc is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Place of promise, inc

PLACE OF PROMISE, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PLACE OF PROMISE, INC

Borrower Address

203 LUDLAM ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01850-1425

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33600.00

Current Approval Amount

33600.00

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

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01850-1425

CD

MA-03

Jobs Reported

6

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5800.00

Payroll Proceed

25500.00

Mortgage Interest Proceed

500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1800

Business Type

Non-Profit Organization

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

Y

Forgiveness Amount

33913.60

Forgiveness Date

04/08/2021

;