PPP Loan information for Newburyport ale

$630,900

Newburyport ale was initially approved for PPP Loan of amount $630,900, the current approved amount is $630,900. The loan was approved on 05/20/2020 by The Salem Five Cents Savings Bank reported 70 jobs and $630,900 was used to fund payroll.

Newburyport ale is Existing or more than 2 years old

PPP Loan Search / MA / NEWBURYPORT / Newburyport ale

NEWBURYPORT ALE

Date Approved

05/20/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWBURYPORT ALE

Borrower Address

38 - 40 MERRIMAC ST

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-2024

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630900.00

Current Approval Amount

630900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2024

CD

MA-06

Jobs Reported

70

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

630900.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

635333.83

Forgiveness Date

02/09/2021

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