508 VENTURES LLC (MA) - 2020 PPP Loan Borrower Profile (# 7570828309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 508 VENTURES 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

7570828309

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$29,302

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$29,580.37

Date Loan was Forgiven

Jan 6, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

29,299

Lender

Central One FCU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

Worcester, MA

Project Location

Worcester, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.