PPP Loan information for The stone institute and newton home for aged people, inc.

$1,309,518

The stone institute and newton home for aged people, inc. was initially approved for PPP Loan of amount $1,309,518, the current approved amount is $1,309,518. The loan was approved on 04/28/2020 by The Cambridge Savings Bank reported 119 jobs and $1,309,518 was used to fund payroll.

The stone institute and newton home for aged people, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEWTON UPPER FALLS / The stone institute and newton home for aged people, inc.

THE STONE INSTITUTE AND NEWTON HOME FOR AGED PEOPLE, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE STONE INSTITUTE AND NEWTON HOME FOR AGED PEOPLE, INC.

Borrower Address

277 Elliot Street

Borrower City

NEWTON UPPER FALLS

Borrower State

MA

Borrower Zip

02464-1201

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1309517.50

Current Approval Amount

1309517.50

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

NEWTON UPPER FALLS

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02464-1201

CD

MA-04

Jobs Reported

119

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1309517.50

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1324585.92

Forgiveness Date

07/02/2021

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