PPP Loan information for Boston tea room enterprises inc.

$83,600

Boston tea room enterprises inc. was initially approved for PPP Loan of amount $83,600, the current approved amount is $83,600. The loan was approved on 04/27/2020 by The First Merchants Bank reported 15 jobs and $83,600 was used to fund payroll.

Boston tea room enterprises inc. is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Boston tea room enterprises inc.

BOSTON TEA ROOM ENTERPRISES INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BOSTON TEA ROOM ENTERPRISES INC.

Borrower Address

1200 WOODWARD HTS

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-1427

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83600.00

Current Approval Amount

83600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1427

CD

MI-11

Jobs Reported

15

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83600.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84431.42

Forgiveness Date

04/28/2021

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