PPP Loan information for New england restaurant associates, inc.

$343,305

New england restaurant associates, inc. was initially approved for PPP Loan of amount $343,305, the current approved amount is $343,305. The loan was approved on 06/04/2020 by The Cambridge Savings Bank reported 54 jobs and $343,305 was used to fund payroll.

New england restaurant associates, inc. is Unanswered

NEW ENGLAND RESTAURANT ASSOCIATES, INC.

Date Approved

06/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW ENGLAND RESTAURANT ASSOCIATES, INC.

Borrower Address

69 State Rd E

Borrower City

WESTMINSTER

Borrower State

MA

Borrower Zip

01473-1401

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343305.00

Current Approval Amount

343305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WESTMINSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01473-1401

CD

MA-03

Jobs Reported

54

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

343305.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345665.81

Forgiveness Date

02/18/2021

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