PPP Loan information for Engineering advantage, inc.

$71,500

Engineering advantage, inc. was initially approved for PPP Loan of amount $71,500, the current approved amount is $71,500. The loan was approved on 04/16/2020 by The Eastern Bank reported 3 jobs and $71,500 was used to fund payroll.

Engineering advantage, inc. is Existing or more than 2 years old

ENGINEERING ADVANTAGE, INC.

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ENGINEERING ADVANTAGE, INC.

Borrower Address

880 MAIN ST 5th Floor

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451-8500

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71500.00

Current Approval Amount

71500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-8500

CD

MA-05

Jobs Reported

3

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72089.88

Forgiveness Date

02/23/2021

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