PPP Loan information for Wellesley community children's center, inc.

$629,000

Wellesley community children's center, inc. was initially approved for PPP Loan of amount $629,000, the current approved amount is $629,000. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 64 jobs and $629,000 was used to fund payroll.

Wellesley community children's center, inc. is Existing or more than 2 years old

WELLESLEY COMMUNITY CHILDREN'S CENTER, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLESLEY COMMUNITY CHILDREN'S CENTER, INC.

Borrower Address

106 Central Street

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629000.00

Current Approval Amount

629000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-0001

CD

MA-05

Jobs Reported

64

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

629000.00

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

632878.83

Forgiveness Date

12/02/2020

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