Date Approved
04/30/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
COLONIAL TRAVELER MOTOR COURT, INC
Borrower Address
1753 Broadway
Borrower City
Saugus
Borrower State
MA
Borrower Zip
01906
Loan Status Date
09/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49575.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
01906-0001
CD
MA-06
Jobs Reported
11
NAICS Code
721199
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12393.75
Payroll Proceed
37181.25
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
50210.65
Forgiveness Date
08/13/2021