PPP Loan information for Priority capital partners

$713,008

Priority capital partners was initially approved for PPP Loan of amount $713,008, the current approved amount is $713,008. The loan was approved on 02/09/2021 by The Cambridge Trust Company reported 22 jobs and $713,008 was used to fund payroll.

Priority capital partners is Existing or more than 2 years old

PRIORITY CAPITAL PARTNERS

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRIORITY CAPITAL PARTNERS

Borrower Address

174 Green St Melrose Ma 02176-1920

Borrower City

Melrose

Borrower State

MA

Borrower Zip

02176-1920

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

713007.50

Current Approval Amount

713007.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-1920

CD

MA-05

Jobs Reported

22

NAICS Code

522220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

713004.50

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

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

720929.81

Forgiveness Date

03/24/2022

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