PPP Loan information for Andover restaurant group llc

$425,432

Andover restaurant group llc was initially approved for PPP Loan of amount $425,432, the current approved amount is $425,432. The loan was approved on 02/11/2021 by The The Lowell Five Cent Savings Bank reported 44 jobs and $425,432 was used to fund payroll.

Andover restaurant group llc is Existing or more than 2 years old

ANDOVER RESTAURANT GROUP LLC

Date Approved

02/11/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ANDOVER RESTAURANT GROUP LLC

Borrower Address

7 Barnard St

Borrower City

Andover

Borrower State

MA

Borrower Zip

01810-3601

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425432.00

Current Approval Amount

425432.00

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

Existing or more than 2 years old

Project City

Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01810-3601

CD

MA-06

Jobs Reported

44

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

425427.00

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

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

427390.15

Forgiveness Date

08/04/2021

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