Salem Community Corporation
$1,435,355 PPP Loan in Worcester, Massachusetts
Loan Details
- Loan Number
- 7249937108
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,435,355
- Current Approval
- $1,435,355
- Forgiveness Amount
- $1,443,928
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Salem Community Corporation
- Address
- 65 Briarwood Cir Ste 1
- City
- Worcester
- State
- Massachusetts
- ZIP Code
- 01606
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 186
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MA-02
Loan Use Breakdown
- Payroll
- $1,200,000
- Utilities
- $90,000
- Health Care
- $112,000
- Mortgage Interest
- $33,355
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Worcester, MA
| Business | Approved | |
|---|---|---|
| Open Sky Community Services | $10,000,000 |  AI Deep Dive |
| Seven Hills Foundation Inc. | $10,000,000 | AI Deep Dive |
| Greenwood Industries INC | $8,735,000 | AI Deep Dive |
| Assumption College | $7,500,000 | AI Deep Dive |
| Family Health Center of Worcester, Inc. | $5,927,345 | AI Deep Dive |
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