Sunny Acres Nursing Home

$1,253,306 PPP Loan in Chelmsford, Massachusetts

Loan Details

Loan Number
9200967202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,253,306
Current Approval
$1,253,306
Forgiveness Amount
$1,259,658
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sunny Acres Nursing Home
Address
254 Billerica Road
ZIP Code
01824
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
$28.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$1,123,034
Utilities
$56,649
Health Care
$34,800
Mortgage Interest
$38,823

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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