PPP Loan information for Tower school in marblehead

$915,800

Tower school in marblehead was initially approved for PPP Loan of amount $926,200, the current approved amount is $915,800. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 56 jobs and $915,800 was used to fund payroll.

Tower school in marblehead is Existing or more than 2 years old

PPP Loan Search / MA / MARBLEHEAD / Tower school in marblehead

TOWER SCHOOL IN MARBLEHEAD

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOWER SCHOOL IN MARBLEHEAD

Borrower Address

75 WEST SHORE DR

Borrower City

MARBLEHEAD

Borrower State

MA

Borrower Zip

01945-1256

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

926200.00

Current Approval Amount

915800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARBLEHEAD

Project County Name

ESSEX

Project State

MA

Project Zip

01945-1256

CD

MA-06

Jobs Reported

56

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

915800.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

922541.31

Forgiveness Date

01/11/2021

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