PPP Loan information for The newman school

$687,025

The newman school was initially approved for PPP Loan of amount $687,025, the current approved amount is $687,025. The loan was approved on 03/12/2021 by The Cambridge Savings Bank reported 42 jobs and $687,025 was used to fund payroll.

The newman school is Existing or more than 2 years old

PPP Loan Search / MA / Boston / The newman school

THE NEWMAN SCHOOL

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE NEWMAN SCHOOL

Borrower Address

245 Marlborough St

Borrower City

Boston

Borrower State

MA

Borrower Zip

02116-1702

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

687025.00

Current Approval Amount

687025.00

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

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02116-1702

CD

MA-08

Jobs Reported

42

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

687025.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

691956.52

Forgiveness Date

12/06/2021

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