PPP Loan information for Driftwood restaurant

$42,316

Driftwood restaurant was initially approved for PPP Loan of amount $42,316, the current approved amount is $42,316. The loan was approved on 03/25/2021 by The Marblehead Bank reported 3 jobs and $42,316 was used to fund payroll.

Driftwood restaurant is Existing or more than 2 years old

PPP Loan Search / MA / Marblehead / Driftwood restaurant

DRIFTWOOD RESTAURANT

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRIFTWOOD RESTAURANT

Borrower Address

63 Front St

Borrower City

Marblehead

Borrower State

MA

Borrower Zip

01945-3258

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42316.03

Current Approval Amount

42316.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33039

Servicing Lender Name

Marblehead Bank

Servicing Lender Address

21 Atlantic Ave

Servicing Lender City

MARBLEHEAD

Servicing Lender State

MA

Servicing Lender Zip

01945-3293

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marblehead

Project County Name

ESSEX

Project State

MA

Project Zip

01945-3258

CD

MA-06

Jobs Reported

3

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42313.03

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

Single Member LLC

Originating Lender Location Id

33039

Originating Lender

Marblehead Bank

Originating Lender City

MARBLEHEAD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42528.19

Forgiveness Date

10/06/2021

;