PPP Loan information for Citizens inn inc.

$289,000

Citizens inn inc. was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 04/08/2020 by The North Shore Bank, a Co-operative Bank reported 24 jobs and $289,000 was used to fund payroll.

Citizens inn inc. is Existing or more than 2 years old

CITIZENS INN INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CITIZENS INN INC.

Borrower Address

81 Main Street

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-5550

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-5550

CD

MA-06

Jobs Reported

24

NAICS Code

624221

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

289000.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292034.50

Forgiveness Date

04/29/2021

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