PPP Loan information for The professional alterntive, inc

$1,205,208

The professional alterntive, inc was initially approved for PPP Loan of amount $1,373,134, the current approved amount is $1,205,208. The loan was approved on 04/07/2020 by The Eastern Bank reported 55 jobs and $1,205,208 was used to fund payroll.

The professional alterntive, inc is Existing or more than 2 years old

PPP Loan Search / MA / ROCKLAND / The professional alterntive, inc

THE PROFESSIONAL ALTERNTIVE, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE PROFESSIONAL ALTERNTIVE, INC

Borrower Address

100 Ledgewood Place Suite 203

Borrower City

ROCKLAND

Borrower State

MA

Borrower Zip

02370-1057

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1373134.20

Current Approval Amount

1205207.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKLAND

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02370-1057

CD

MA-09

Jobs Reported

55

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1205207.65

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1215318.00

Forgiveness Date

02/16/2021

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