571 TREMONT LLC (MA) - 2020 PPP Loan Borrower Profile (# 1932837208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 571 TREMONT 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

1932837208

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$420,000

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$425,436.67

Date Loan was Forgiven

Aug 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,923.08

Payroll Proced

360,475.07

Rent Proceed

36,601.85

Refinance EIDL Proceed

10,000

Lender

Eastern Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

BOSTON, MA

Project Location

BOSTON, 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.