PPP Loan information for Arg hospitality inc.

$129,390

Arg hospitality inc. was initially approved for PPP Loan of amount $129,390, the current approved amount is $129,390. The loan was approved on 01/25/2021 by The Newburyport Five Cents Savings Bank reported 7 jobs and $129,390 was used to fund payroll.

Arg hospitality inc. is Existing or more than 2 years old

ARG HOSPITALITY INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ARG HOSPITALITY INC.

Borrower Address

219 Elm St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02144-2927

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129389.80

Current Approval Amount

129389.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-2927

CD

MA-07

Jobs Reported

7

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129386.80

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105105.25

Forgiveness Date

06/30/2022

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