AMBISCO (MA) - 2020 PPP Loan Borrower Profile (# 5677987109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMBISCO. 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

5677987109

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$503,500

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$510,339.21

Date Loan was Forgiven

Aug 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

68,000

Payroll Proced

378,000

Mortgage Interest Proceed

19,000

Rent Proceed

26,000

Health Care Proceed

12,500

Lender

Digital FCU

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

SOMERVILLE, MA

Project Location

SOMERVILLE, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.