PPP Loan information for Love shack inc

$216,913

Love shack inc was initially approved for PPP Loan of amount $216,913, the current approved amount is $216,913. The loan was approved on 01/22/2021 by The Cornerstone Bank reported 30 jobs and $216,913 was used to fund payroll.

Love shack inc is Existing or more than 2 years old

LOVE SHACK INC

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOVE SHACK INC

Borrower Address

15 Milne Rd

Borrower City

Rutland

Borrower State

MA

Borrower Zip

01543-2030

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

216912.78

Current Approval Amount

216912.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rutland

Project County Name

WORCESTER

Project State

MA

Project Zip

01543-2030

CD

MA-02

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

216907.78

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219690.47

Forgiveness Date

05/05/2022

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