1640, LLC (MA) - 2020 PPP Loan Borrower Profile (# 4817617003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1640, LLC. 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

4817617003

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$186,900

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$188,881.65

Date Loan was Forgiven

May 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

23,362

Payroll Proced

140,175

Rent Proceed

23,363

Lender

Institution for Savings In Newburyport and its Vicinity

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

IPSWICH, MA

Project Location

IPSWICH, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.