PPP Loan information for Federal wine & spirits belmont, inc

$172,227

Federal wine & spirits belmont, inc was initially approved for PPP Loan of amount $172,227, the current approved amount is $172,227. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 19 jobs and $172,227 was used to fund payroll.

Federal wine & spirits belmont, inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Federal wine & spirits belmont, inc

FEDERAL WINE & SPIRITS BELMONT, INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FEDERAL WINE & SPIRITS BELMONT, INC

Borrower Address

9 Sanborn Ct

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172226.92

Current Approval Amount

172226.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-0001

CD

MA-07

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

132226.92

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173427.72

Forgiveness Date

01/13/2021

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