Avincel Group, INC

$70,797 PPP Loan in Cambridge, Massachusetts

Loan Details

Loan Number
5320127106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$70,797
Current Approval
$70,797
Forgiveness Amount
$38,926
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Avincel Group, INC
Address
185 Alewife Brook Parkway
ZIP Code
02138
Business Type
Corporation
Industry (NAICS)
Information (511210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-07

Loan Use Breakdown

Payroll
$69,597
Utilities
$400
Mortgage Interest
$800

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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