AMERICAN PROMISE (MA) - 2020 PPP Loan Borrower Profile (# 3500748610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PROMISE. 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
3500748610
SBA Office Code
0101
Processing Method
PPS
Curent Loan Amount
$77,500
Date Loan was Approved
Mar 17, 2021
Amount Forgiven
$77,971.37
Date Loan was Forgiven
Oct 28, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
77,500
Lender
Citizens Bank, National Association

Business Detail

Business Type
Non-Profit Organization
NAICS
923110
Borrower Location
Concord, MA
Project Location
Concord, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.