PPP Loan information for Simply dental management inc

$2,987,820

Simply dental management inc was initially approved for PPP Loan of amount $2,987,820, the current approved amount is $2,987,820. The loan was approved on 04/10/2020 by The Avidia Bank reported 261 jobs and $2,987,820 was used to fund payroll.

Simply dental management inc is Existing or more than 2 years old

SIMPLY DENTAL MANAGEMENT INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SIMPLY DENTAL MANAGEMENT INC

Borrower Address

87 Elm Street

Borrower City

HOPKINTON

Borrower State

MA

Borrower Zip

01748-1601

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2987820.00

Current Approval Amount

2987820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01748-1601

CD

MA-02

Jobs Reported

261

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2987820.00

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

Corporation

Originating Lender Location Id

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3022179.93

Forgiveness Date

06/09/2021

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