PPP Loan information for Newburyport ale inc

$883,273

Newburyport ale inc was initially approved for PPP Loan of amount $883,273, the current approved amount is $883,273. The loan was approved on 02/02/2021 by The Salem Five Cents Savings Bank reported 152 jobs and $883,273 was used to fund payroll.

Newburyport ale inc is Existing or more than 2 years old

PPP Loan Search / MA / Newburyport / Newburyport ale inc

NEWBURYPORT ALE INC

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEWBURYPORT ALE INC

Borrower Address

38 Merrimac St # 40

Borrower City

Newburyport

Borrower State

MA

Borrower Zip

01950-4716

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

883273.00

Current Approval Amount

883273.00

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

01950-4716

CD

MA-06

Jobs Reported

152

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

883267.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

889259.63

Forgiveness Date

10/06/2021

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