PPP Loan information for Cape ann motor inn inc.

$114,520

Cape ann motor inn inc. was initially approved for PPP Loan of amount $114,520, the current approved amount is $114,520. The loan was approved on 01/23/2021 by The BankGloucester reported 18 jobs and $114,520 was used to fund payroll.

Cape ann motor inn inc. is Existing or more than 2 years old

PPP Loan Search / MA / Gloucester / Cape ann motor inn inc.

CAPE ANN MOTOR INN INC.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAPE ANN MOTOR INN INC.

Borrower Address

33 Rockport Rd

Borrower City

Gloucester

Borrower State

MA

Borrower Zip

01930-1917

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114520.00

Current Approval Amount

114520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gloucester

Project County Name

ESSEX

Project State

MA

Project Zip

01930-1917

CD

MA-06

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114518.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115304.38

Forgiveness Date

10/06/2021

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