PPP Loan information for The algebra project inc

$91,991

The algebra project inc was initially approved for PPP Loan of amount $91,991, the current approved amount is $91,991. The loan was approved on 01/28/2021 by The Cambridge Savings Bank reported 4 jobs and $91,991 was used to fund payroll.

The algebra project inc is Existing or more than 2 years old

THE ALGEBRA PROJECT INC

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE ALGEBRA PROJECT INC

Borrower Address

99 Bishop Richard Allen Dr

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-3428

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91991.20

Current Approval Amount

91991.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-3428

CD

MA-07

Jobs Reported

4

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

91989.20

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

92424.69

Forgiveness Date

07/21/2021

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