PPP Loan information for Cross rip development corporation

$86,400

Cross rip development corporation was initially approved for PPP Loan of amount $86,400, the current approved amount is $86,400. The loan was approved on 04/09/2020 by The Newburyport Five Cents Savings Bank reported 4 jobs and $86,400 was used to fund payroll.

Cross rip development corporation is Existing or more than 2 years old

PPP Loan Search / MA / NANTUCKET / Cross rip development corporation

CROSS RIP DEVELOPMENT CORPORATION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CROSS RIP DEVELOPMENT CORPORATION

Borrower Address

43 NOBADEER FARM RD

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-3101

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86400.00

Current Approval Amount

86400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NANTUCKET

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-3101

CD

MA-09

Jobs Reported

4

NAICS Code

531120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86400.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86913.60

Forgiveness Date

11/23/2020

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