PPP Loan information for Federal wine & spirits belmont inc

$213,923

Federal wine & spirits belmont inc was initially approved for PPP Loan of amount $213,923, the current approved amount is $213,923. The loan was approved on 02/09/2021 by The Cambridge Trust Company reported 19 jobs and $213,923 was used to fund payroll.

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

FEDERAL WINE & SPIRITS BELMONT INC

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FEDERAL WINE & SPIRITS BELMONT INC

Borrower Address

9 Sanborn Ct Somerville Ma 02143-3004

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-3004

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213922.59

Current Approval Amount

213922.59

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

02143-3004

CD

MA-07

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

213920.59

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

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

215431.93

Forgiveness Date

11/01/2021

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