PPP Loan information for Cardinal restaurant of massachusetts inc.

$380,261

Cardinal restaurant of massachusetts inc. was initially approved for PPP Loan of amount $380,261, the current approved amount is $380,261. The loan was approved on 01/25/2021 by The BankNewport reported 42 jobs and $380,261 was used to fund payroll.

Cardinal restaurant of massachusetts inc. is Existing or more than 2 years old

CARDINAL RESTAURANT OF MASSACHUSETTS INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CARDINAL RESTAURANT OF MASSACHUSETTS INC.

Borrower Address

47 Faunce Corner Mall Rd

Borrower City

North Dartmouth

Borrower State

MA

Borrower Zip

02747-1293

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380261.00

Current Approval Amount

380261.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Dartmouth

Project County Name

BRISTOL

Project State

MA

Project Zip

02747-1293

CD

MA-09

Jobs Reported

42

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

380259.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385147.09

Forgiveness Date

05/13/2022

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