PPP Loan information for Andover restaurant group llc

$287,375

Andover restaurant group llc was initially approved for PPP Loan of amount $287,375, the current approved amount is $287,375. The loan was approved on 04/11/2020 by The The Lowell Five Cent Savings Bank reported 43 jobs and $287,375 was used to fund payroll.

Andover restaurant group llc is New Business or 2 years or less

PPP Loan Search / MA / ANDOVER / Andover restaurant group llc

ANDOVER RESTAURANT GROUP LLC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ANDOVER RESTAURANT GROUP LLC

Borrower Address

7 BARNARD ST

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810-3601

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287375.00

Current Approval Amount

287375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-3601

CD

MA-06

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

228900.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1475.00

Debt Interest Proceed

12000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289626.76

Forgiveness Date

01/26/2021

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