PPP Loan information for Schools for children, inc.

$1,700,818

Schools for children, inc. was initially approved for PPP Loan of amount $1,700,818, the current approved amount is $1,700,818. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 138 jobs and $1,700,818 was used to fund payroll.

Schools for children, inc. is Existing or more than 2 years old

SCHOOLS FOR CHILDREN, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCHOOLS FOR CHILDREN, INC.

Borrower Address

8 Winchester place suite 202

Borrower City

Winchester

Borrower State

MA

Borrower Zip

01890

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1700818.00

Current Approval Amount

1700818.00

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

Winchester

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01890-0001

CD

MA-05

Jobs Reported

138

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13800.00

Payroll Proceed

1567605.00

Mortgage Interest Proceed

0.00

Rent Proceed

119413.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1712865.46

Forgiveness Date

01/19/2021

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