PPP Loan information for Ipswich inn inc.

$49,171

Ipswich inn inc. was initially approved for PPP Loan of amount $49,171, the current approved amount is $49,171. The loan was approved on 03/25/2021 by The BankGloucester reported 10 jobs and $49,171 was used to fund payroll.

Ipswich inn inc. is Existing or more than 2 years old

IPSWICH INN INC.

Date Approved

03/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

IPSWICH INN INC.

Borrower Address

2 East St

Borrower City

Ipswich

Borrower State

MA

Borrower Zip

01938-2248

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49171.00

Current Approval Amount

49171.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ipswich

Project County Name

ESSEX

Project State

MA

Project Zip

01938-2248

CD

MA-06

Jobs Reported

10

NAICS Code

721191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49166.00

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

Subchapter S Corporation

Originating Lender Location Id

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

49414.83

Forgiveness Date

09/24/2021

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