Thoughtforms Corporation

$850,000 PPP Loan in Acton, Massachusetts

Loan Details

Loan Number
1623417207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$858,028
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thoughtforms Corporation
Address
525 Massachusetts Avenue Suite 204
City
Acton
ZIP Code
01720-2963
Business Type
Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$825,650
Rent
$19,350
Utilities
$5,000

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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