ADMIRALS HILL ASSISTED LIVING CORP. II (MA) - 2020 PPP Loan Borrower Profile (# 5484988904)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADMIRALS HILL ASSISTED LIVING CORP. II. 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
5484988904
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$381,370
Date Loan was Approved
Apr 30, 2021
Amount Forgiven
$386,176.31
Date Loan was Forgiven
Aug 9, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
381,365
Lender
Northeast Bank

Business Detail

Business Type
501(c)3 ¿ Non Profit
NAICS
623311
Borrower Location
Chelsea, MA
Project Location
Chelsea, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
53
Business Age Description
Existing or more than 2 years old
Data Source: SBA.