PPP Loan information for Old arlington restaurant

$702,485

Old arlington restaurant was initially approved for PPP Loan of amount $702,485, the current approved amount is $702,485. The loan was approved on 02/05/2021 by The Eastern Bank reported 69 jobs and $702,485 was used to fund payroll.

Old arlington restaurant is Existing or more than 2 years old

PPP Loan Search / MA / Burlington / Old arlington restaurant

OLD ARLINGTON RESTAURANT

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OLD ARLINGTON RESTAURANT

Borrower Address

30 B St

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-3407

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

702485.00

Current Approval Amount

702485.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-3407

CD

MA-06

Jobs Reported

69

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

702483.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

707460.94

Forgiveness Date

10/22/2021

;