3L PLACE, INC. (MA) - 2020 PPP Loan Borrower Profile (# 9296737109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3L PLACE, 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

9296737109

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$89,720

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$89,872.06

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

71,776

Mortgage Interest Proceed

17,944

Lender

Winter Hill Bank, FSB

Business Detail

Business Type

Non-Profit Organization

NAICS

624229

Borrower Location

SOMERVILLE, MA

Project Location

SOMERVILLE, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.