PPP Loan information for Bejing palace of swampscott inc

$133,000

Bejing palace of swampscott inc was initially approved for PPP Loan of amount $133,000, the current approved amount is $133,000. The loan was approved on 04/29/2020 by The Salem Five Cents Savings Bank reported 44 jobs and $133,000 was used to fund payroll.

Bejing palace of swampscott inc is Existing or more than 2 years old

BEJING PALACE OF SWAMPSCOTT INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BEJING PALACE OF SWAMPSCOTT INC

Borrower Address

430 PARADISE RD

Borrower City

SWAMPSCOTT

Borrower State

MA

Borrower Zip

01907-1354

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133000.00

Current Approval Amount

133000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWAMPSCOTT

Project County Name

ESSEX

Project State

MA

Project Zip

01907-1354

CD

MA-06

Jobs Reported

44

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

133000.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134071.39

Forgiveness Date

02/19/2021

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