PPP Loan information for Bracketts oceanview restaurant & brothers' brew cafe, inc.

$79,700

Bracketts oceanview restaurant & brothers' brew cafe, inc. was initially approved for PPP Loan of amount $79,700, the current approved amount is $79,700. The loan was approved on 04/28/2020 by The Cape Ann Savings Bank reported 25 jobs and $79,700 was used to fund payroll.

Bracketts oceanview restaurant & brothers' brew cafe, inc. is Existing or more than 2 years old

BRACKETTS OCEANVIEW RESTAURANT & BROTHERS' BREW CAFE, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BRACKETTS OCEANVIEW RESTAURANT & BROTHERS' BREW CAFE, INC.

Borrower Address

25 Main Street

Borrower City

ROCKPORT

Borrower State

MA

Borrower Zip

01966-1512

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79700.00

Current Approval Amount

79700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01966-1512

CD

MA-06

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79700.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70000.10

Forgiveness Date

10/15/2020

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