PPP Loan information for The arc of opportunity in north central massachusetts

$1,648,900

The arc of opportunity in north central massachusetts was initially approved for PPP Loan of amount $1,648,900, the current approved amount is $1,648,900. The loan was approved on 04/03/2020 by The Rollstone Bank & Trust reported 231 jobs and $1,648,900 was used to fund payroll.

The arc of opportunity in north central massachusetts is Existing or more than 2 years old

PPP Loan Search / MA / FITCHBURG / The arc of opportunity in north central massachusetts

THE ARC OF OPPORTUNITY IN NORTH CENTRAL MASSACHUSETTS

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE ARC OF OPPORTUNITY IN NORTH CENTRAL MASSACHUSETTS

Borrower Address

564 MAIN ST

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-8011

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1648900.00

Current Approval Amount

1648900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32801

Servicing Lender Name

Rollstone Bank & Trust

Servicing Lender Address

780 Main St

Servicing Lender City

FITCHBURG

Servicing Lender State

MA

Servicing Lender Zip

01420-3112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-8011

CD

MA-03

Jobs Reported

231

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1648900.00

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

Non-Profit Organization

Originating Lender Location Id

32801

Originating Lender

Rollstone Bank & Trust

Originating Lender City

FITCHBURG

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1658976.61

Forgiveness Date

11/17/2020

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