PPP Loan information for Concords colonial inn one llc

$1,011,220

Concords colonial inn one llc was initially approved for PPP Loan of amount $1,011,220, the current approved amount is $1,011,220. The loan was approved on 01/21/2021 by The North Shore Bank, a Co-operative Bank reported 44 jobs and $1,011,220 was used to fund payroll.

Concords colonial inn one llc is Existing or more than 2 years old

CONCORDS COLONIAL INN ONE LLC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CONCORDS COLONIAL INN ONE LLC

Borrower Address

48 Monument Sq

Borrower City

Concord

Borrower State

MA

Borrower Zip

01742-1875

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1011219.89

Current Approval Amount

1011219.89

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-1875

CD

MA-03

Jobs Reported

44

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1011212.89

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

Limited Liability Company(LLC)

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

1018860.22

Forgiveness Date

10/27/2021

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