ACCELERATED RECEIVABLES MANAGEMENT SOLUTIONS, LLC (MA) - 2020 PPP Loan Borrower Profile (# 8020737103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCELERATED RECEIVABLES MANAGEMENT SOLUTIONS, 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
8020737103
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$538,800
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$544,453.71
Date Loan was Forgiven
May 13, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
538,800
Lender
SVB, A Division of First-Citizens Bank and Trust Company

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
541219
Borrower Location
NEWTON UPPER FALLS, MA
Project Location
NEWTON UPPER FALLS, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
38
Business Age Description
Existing or more than 2 years old
Data Source: SBA.