Massachusetts | Where did $380B in PPP money go?

August 2024 · 8 minute read
$350K–$1M loan to BEAR MT SWANSEA LLCBEAR MT SWANSEA LLC

SWANSEA, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

95April 10, 2020$350K–$1MCIBC Bank USA$350K–$1M loan to FITCHBURG REHABILITATION AND NURSING CENTER LLCFITCHBURG REHABILITATION AND NURSING CENTER LLC

FITCHBURG, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

76April 9, 2020$350K–$1MCIBC Bank USA$350K–$1M loan to MERRIMACK VALLEY HEALTH CENTER, LLCMERRIMACK VALLEY HEALTH CENTER, LLC

AMESBURY, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

104April 13, 2020$350K–$1MCFG Community Bank$350K–$1M loan to SOMERSET LONG TERM CARE, LLCSOMERSET LONG TERM CARE, LLC

GREENFIELD, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

66April 28, 2020$350K–$1MLiberty Bank$350K–$1M loan to SRC NORTON SNF, LLCSRC NORTON SNF, LLC

NEEDHAM, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

130April 30, 2020$350K–$1MBank of America, National Association$150K–$350K loan to ERLIN MANOR ASSISTED LIVING, INC.ERLIN MANOR ASSISTED LIVING, INC.

TEWKSBURY, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

33May 6, 2020$150K–$350KPeople's United Bank, National Association$2M–$5M loan to DEUTSCHES ALTENHEIM INCDEUTSCHES ALTENHEIM INC

WEST ROXBURY, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

April 8, 2020$2M–$5MCentury Bank and Trust Company$1M–$2M loan to ABERJONA NURSING CENTER INCABERJONA NURSING CENTER INC

WINCHESTER, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

172April 7, 2020$1M–$2MEastern Bank$1M–$2M loan to BANE JOHN SCOTT LLCBANE JOHN SCOTT LLC

BRAINTREE, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

175April 28, 2020$1M–$2MManufacturers and Traders Trust Company$1M–$2M loan to BEAR MT READING LLCBEAR MT READING LLC

READING, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

79April 10, 2020$1M–$2MCIBC Bank USA$1M–$2M loan to SENIOR RESIDENTIAL CARE KINGSTON, INC.SENIOR RESIDENTIAL CARE KINGSTON, INC.

NEEDHAM, MA

S-CorpNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

209April 30, 2020$1M–$2MBank of America, National Association$1M–$2M loan to WINGATE AT SAINT FRANCIS, LLCWINGATE AT SAINT FRANCIS, LLC

EVERETT, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

161April 30, 2020$1M–$2MBank of America, National Association$350K–$1M loan to FALL RIVER JEWISH HOME, INC.FALL RIVER JEWISH HOME, INC.

FALL RIVER, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

April 30, 2020$350K–$1MCitizens Bank, National Association$350K–$1M loan to SEAVIEW RETREAT INC.SEAVIEW RETREAT INC.

ROWLEY, MA

S-CorpNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

69April 29, 2020$350K–$1MBrookline Bank$150K–$350K loan to LATHROP HOMELATHROP HOME

NORTHAMPTON, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

42May 2, 2020$150K–$350KKabbage, Inc.$150K–$350K loan to THE FITCH HOME, INC.THE FITCH HOME, INC.

MELROSE, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

32April 13, 2020$150K–$350KEastern Bank$2M–$5M loan to MARLBORO HILLS MA SNF LLCMARLBORO HILLS MA SNF LLC

MARLBOROUGH, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

231April 27, 2020$2M–$5MBerkshire Bank$2M–$5M loan to NEXT STEP MA NH MASTER TENANT, LLCNEXT STEP MA NH MASTER TENANT, LLC

WOBURN, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

368April 15, 2020$2M–$5MCIBC Bank USA$1M–$2M loan to BEAR HILL HEALTHCARE LLCBEAR HILL HEALTHCARE LLC

STONEHAM, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

220April 27, 2020$1M–$2MSavoy Bank$1M–$2M loan to ELIZABETH SETON RESIDENCE, INC.ELIZABETH SETON RESIDENCE, INC.

WELLESLEY, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

106April 30, 2020$1M–$2MBank of America, National Association$1M–$2M loan to ODD FELLOWS HOME OF MASSACHUSETTS, INC.ODD FELLOWS HOME OF MASSACHUSETTS, INC.

WORCESTER, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

128April 13, 2020$1M–$2MCornerstone Bank$1M–$2M loan to REVOLUTION KIMWELL LLCREVOLUTION KIMWELL LLC

FALL RIVER, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

135April 8, 2020$1M–$2MCustomers Bank$1M–$2M loan to SUDBURY PINE EXTENDED CARE FACSUDBURY PINE EXTENDED CARE FAC

SUDBURY, MA

S-CorpNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

115April 15, 2020$1M–$2MBrookline Bank$1M–$2M loan to WORCESTER HEALTH GROUP, LLCWORCESTER HEALTH GROUP, LLC

WORCESTER, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

153April 7, 2020$1M–$2MBerkshire Bank$350K–$1M loan to BEAR MT SPRINGFIELD LLCBEAR MT SPRINGFIELD LLC

SPRINGFIELD, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

128April 10, 2020$350K–$1MCIBC Bank USA$350K–$1M loan to CRNC OPERATING LLCCRNC OPERATING LLC

CAMBRIDGE, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

102April 28, 2020$350K–$1MBrookline Bank$350K–$1M loan to MAPLEWOOD MAYFLOWER PLACE SNF, LLCMAPLEWOOD MAYFLOWER PLACE SNF, LLC

WEST YARMOUTH, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

120May 7, 2020$350K–$1MPeople's United Bank, National Association$150K–$350K loan to DECATUR HOUSE, INC.DECATUR HOUSE, INC.

SANDWICH, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

April 27, 2020$150K–$350KWorkers CU$1M–$2M loan to BEAR MT STOUGHTON LLCBEAR MT STOUGHTON LLC

STOUGHTON, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

108April 10, 2020$1M–$2MCIBC Bank USA$1M–$2M loan to EDGAR P BENJAMIN HEALTHCAREEDGAR P BENJAMIN HEALTHCARE

ROXBURY CROSSING, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

180April 15, 2020$1M–$2MEast Boston Savings Bank$1M–$2M loan to HENRY C. NEVINS HOME, INC.HENRY C. NEVINS HOME, INC.

METHUEN, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

April 14, 2020$1M–$2MEnterprise Bank and Trust Company$1M–$2M loan to MERCURY OPERATOR, LLCMERCURY OPERATOR, LLC

BROCKTON, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

182April 27, 2020$1M–$2MCongressional Bank$1M–$2M loan to NEVILLE COMMUNITIES HOME, INC.NEVILLE COMMUNITIES HOME, INC.

CAMBIRDGE, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

194April 14, 2020$1M–$2MRockland Trust Company$350K–$1M loan to MEDWAY COUNTRY MANOR, INC.MEDWAY COUNTRY MANOR, INC.

MEDWAY, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

115April 11, 2020$350K–$1MBerkshire Bank$350K–$1M loan to REVOLUTION CHARLWELL, LLCREVOLUTION CHARLWELL, LLC

NORWOOD, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

April 7, 2020$350K–$1MCustomers Bank$350K–$1M loan to SB OPERATING COMPANY LLCSB OPERATING COMPANY LLC

WILLIAMSTOWN, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

110April 28, 2020$350K–$1MCustomers Bank$350K–$1M loan to T L CONNECTIONS INCT L CONNECTIONS INC

WOBURN, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

40May 3, 2020$350K–$1MBank of America, National Association$350K–$1M loan to WELLMAN HEALTHCARE GROUP, INC.WELLMAN HEALTHCARE GROUP, INC.

PALMER, MA

S-CorpNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

46April 10, 2020$350K–$1MFreedom CU$350K–$1M loan to WESTFIELD GARDENS NURSING AND REHAB LLCWESTFIELD GARDENS NURSING AND REHAB LLC

WESTFIELD, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

85April 27, 2020$350K–$1MCIBC Bank USA$350K–$1M loan to WINGATE DIRECT CARE LLCWINGATE DIRECT CARE LLC

EVERETT, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

19April 30, 2020$350K–$1MBank of America, National Association$150K–$350K loan to CARE PROVIDERS OF BLACKSTONE VALLEY LLCCARE PROVIDERS OF BLACKSTONE VALLEY LLC

SUTTON, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

75April 27, 2020$150K–$350KBank Leumi USA$150K–$350K loan to VICTORIAN HEALTH OF CHATHAM, INC.VICTORIAN HEALTH OF CHATHAM, INC.

NORTH CHATHAM, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

29April 11, 2020$150K–$350KThe Cooperative Bank of Cape Cod$2M–$5M loan to BROADREACH OF CHATHAM, INC.BROADREACH OF CHATHAM, INC.

NORTH CHATHAM, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

270April 13, 2020$2M–$5MThe Cooperative Bank of Cape Cod$2M–$5M loan to SYMMES LIFE CARE, INC.SYMMES LIFE CARE, INC.

LEXINGTON, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

149May 3, 2020$2M–$5MBank of America, National Association$1M–$2M loan to MADONNA MANOR, INC.MADONNA MANOR, INC.

NORTH ATTLEBORO, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

226April 7, 2020$1M–$2MBayCoast Bank$1M–$2M loan to WOBURN NURSING CENTER INCWOBURN NURSING CENTER INC

WOBURN, MA

CorporationNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

171April 7, 2020$1M–$2MEastern Bank$350K–$1M loan to PARK AVENUE HEALTH CENTER, LLCPARK AVENUE HEALTH CENTER, LLC

ARLINGTON, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

107April 27, 2020$350K–$1MCongressional Bank$350K–$1M loan to ROYAL NORWELL NURSING & REHABILITATION CENTER LLCROYAL NORWELL NURSING & REHABILITATION CENTER LLC

NORWELL, MA

LLCNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

170April 28, 2020$350K–$1MRockland Trust Company$1M–$2M loan to FAIRHAVEN HEALTHCARE CENTERFAIRHAVEN HEALTHCARE CENTER

LOWELL, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

225May 1, 2020$1M–$2MBank of New England$1M–$2M loan to GERIATRIC AUTHORITY OF MILFORDGERIATRIC AUTHORITY OF MILFORD

MILFORD, MA

Non-profitNursing Care Facilities (Skilled Nursing Facilities)

Health Care and Social Assistance

204April 29, 2020$1M–$2MUniBank for Savings

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