AQUACULTURAL RESEARCH CENTER (MA) - 2020 PPP Loan Borrower Profile (# 5513847008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AQUACULTURAL RESEARCH CENTER. 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

5513847008

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$252,700

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$254,616.31

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

43,783

Payroll Proced

182,680

Mortgage Interest Proceed

7,951

Rent Proceed

18,286

Lender

The Cape Cod Five Cents Savings Bank

Business Detail

Business Type

Corporation

NAICS

112519

Borrower Location

DENNIS, MA

Project Location

DENNIS, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.