Montrose Foundation, INC

$683,500 PPP Loan in Medfield, Massachusetts

Loan Details

Loan Number
8991067008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$683,500
Current Approval
$635,600
Forgiveness Amount
$640,614
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montrose Foundation, INC
Address
29 North St
ZIP Code
02052-2308
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$635,600

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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