AL PONTE INSURANCE AGENCY INC. (MA) - 2020 PPP Loan Borrower Profile (# 4035827100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL PONTE INSURANCE AGENCY 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

4035827100

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$41,600

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$41,816.89

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

41,600

Lender

East Cambridge Savings Bank

Business Detail

Business Type

Corporation

NAICS

524113

Borrower Location

CAMBRIDGE, MA

Project Location

CAMBRIDGE, 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.