PPP Loan information for The north east educational and developmental supports center

$1,948,300

The north east educational and developmental supports center was initially approved for PPP Loan of amount $1,948,300, the current approved amount is $1,948,300. The loan was approved on 04/13/2020 by The Cape Ann Savings Bank reported 196 jobs and $1,948,300 was used to fund payroll.

The north east educational and developmental supports center is Existing or more than 2 years old

THE NORTH EAST EDUCATIONAL AND DEVELOPMENTAL SUPPORTS CENTER

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE NORTH EAST EDUCATIONAL AND DEVELOPMENTAL SUPPORTS CENTER

Borrower Address

1390 Main St

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-2044

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1948300.00

Current Approval Amount

1948300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-2044

CD

MA-06

Jobs Reported

196

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1948300.00

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

Corporation

Originating Lender Location Id

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1973736.14

Forgiveness Date

08/09/2021

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