PPP Loan information for Southbridge associates, llc

$588,600

Southbridge associates, llc was initially approved for PPP Loan of amount $588,600, the current approved amount is $588,600. The loan was approved on 04/09/2020 by The Cornerstone Bank reported 70 jobs and $588,600 was used to fund payroll.

Southbridge associates, llc is Existing or more than 2 years old

PPP Loan Search / MA / WELLESLEY HILLS / Southbridge associates, llc

SOUTHBRIDGE ASSOCIATES, LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTHBRIDGE ASSOCIATES, LLC

Borrower Address

36 WASHINGTON ST

Borrower City

WELLESLEY HILLS

Borrower State

MA

Borrower Zip

02481-1900

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588600.00

Current Approval Amount

588600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLESLEY HILLS

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-1900

CD

MA-05

Jobs Reported

70

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509349.79

Forgiveness Date

06/29/2021

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