PPP Loan information for Abacus restaurant inc.

$122,565

Abacus restaurant inc. was initially approved for PPP Loan of amount $122,565, the current approved amount is $122,565. The loan was approved on 03/15/2021 by The The Savings Bank reported 30 jobs and $122,565 was used to fund payroll.

Abacus restaurant inc. is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Abacus restaurant inc.

ABACUS RESTAURANT INC.

Date Approved

03/15/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABACUS RESTAURANT INC.

Borrower Address

373 Lowell St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-2756

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122565.00

Current Approval Amount

122565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33385

Servicing Lender Name

The Savings Bank

Servicing Lender Address

357 Main St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MA

Servicing Lender Zip

01880-5027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-2756

CD

MA-06

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122562.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33385

Originating Lender

The Savings Bank

Originating Lender City

WAKEFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124042.59

Forgiveness Date

05/25/2022

;