PPP Loan information for Marao burgers inc

$20,832

Marao burgers inc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 05/28/2020 by The Eastern Bank reported 1 jobs and $20,832 was used to fund payroll.

Marao burgers inc is New Business or 2 years or less

MARAO BURGERS INC

Date Approved

05/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARAO BURGERS INC

Borrower Address

318 BROADWAY

Borrower City

EVERETT

Borrower State

MA

Borrower Zip

02149-3407

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EVERETT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-3407

CD

MA-07

Jobs Reported

1

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21135.22

Forgiveness Date

11/16/2021

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