PPP Loan information for Mt vernon cafe

$158,422

Mt vernon cafe was initially approved for PPP Loan of amount $158,422, the current approved amount is $158,422. The loan was approved on 04/28/2020 by The Rockland Trust Company reported 23 jobs and $158,422 was used to fund payroll.

Mt vernon cafe is New Business or 2 years or less

MT VERNON CAFE

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MT VERNON CAFE

Borrower Address

14 Broadway

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02145

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158422.32

Current Approval Amount

158422.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-0001

CD

MA-07

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158422.32

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

160147.36

Forgiveness Date

06/01/2021

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