PPP Loan information for Sunny acres nursing home

$1,253,306

Sunny acres nursing home was initially approved for PPP Loan of amount $1,253,306, the current approved amount is $1,253,306. The loan was approved on 04/28/2020 by The The Lowell Five Cent Savings Bank reported 168 jobs and $1,253,306 was used to fund payroll.

Sunny acres nursing home is Existing or more than 2 years old

PPP Loan Search / MA / CHELMSFORD / Sunny acres nursing home

SUNNY ACRES NURSING HOME

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SUNNY ACRES NURSING HOME

Borrower Address

254 Billerica Road

Borrower City

CHELMSFORD

Borrower State

MA

Borrower Zip

01824

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1253306.00

Current Approval Amount

1253306.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-0001

CD

MA-03

Jobs Reported

168

NAICS Code

623110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

56649.00

Payroll Proceed

1123034.00

Mortgage Interest Proceed

38823.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1259658.37

Forgiveness Date

11/03/2020

;