PPP Loan information for Abbott's lobsters inc

$83,446

Abbott's lobsters inc was initially approved for PPP Loan of amount $83,446, the current approved amount is $83,446. The loan was approved on 04/28/2020 by The Chelsea Groton Bank reported 78 jobs and $83,446 was used to fund payroll.

Abbott's lobsters inc is Existing or more than 2 years old

ABBOTT'S LOBSTERS INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ABBOTT'S LOBSTERS INC

Borrower Address

117 PEARL ST

Borrower City

GROTON

Borrower State

CT

Borrower Zip

06340-5763

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83446.00

Current Approval Amount

83446.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROTON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06340-5763

CD

CT-02

Jobs Reported

78

NAICS Code

424460

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8344.60

Payroll Proceed

66756.80

Mortgage Interest Proceed

0.00

Rent Proceed

8344.60

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84525.08

Forgiveness Date

08/17/2021

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