Somerville-Cambridge Elder Services, Inc.
$1,725,950 PPP Loan in Somerville, Massachusetts
Loan Details
- Loan Number
- 4100037205
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,725,950
- Current Approval
- $1,725,950
- Forgiveness Amount
- $1,738,319
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Somerville-Cambridge Elder Services, Inc.
- Address
- 61 Medford St
- City
- Somerville
- State
- Massachusetts
- ZIP Code
- 02143
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (624120)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 147
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MA-07
Loan Use Breakdown
- Payroll
- $1,613,566
- Rent
- $104,383
- Utilities
- $8,000
Lender Information
- Servicing Lender
- Eastern Bank
- Originating Lender
- Eastern Bank
Other PPP Loans in Somerville, MA
| Business | Approved | |
|---|---|---|
| Mark Food Enterprises | $10,000,000 |  Research |
| Nizhoni Health Systems, LLC | $9,407,280 | Research |
| Triumvirate Environmental, Inc. | $9,045,899 | Research |
| Formlabs Inc. | $7,659,820 | Research |
| Cataldo Ambulance Service, Inc. | $5,000,000 | Research |
Want to research this company further?
Try NewBizBot free