1157 BROADWAY INC. (MA) - 2020 PPP Loan Borrower Profile (# 4075898405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1157 BROADWAY INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

4075898405

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$23,325

Date Loan was Approved

Feb 6, 2021

Amount Forgiven

$23,441.94

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

23,322

Lender

Bank of America, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

Somerville, MA

Project Location

Somerville, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.