PPP Loan information for Old arlington restaurant, inc.

$501,775

Old arlington restaurant, inc. was initially approved for PPP Loan of amount $501,775, the current approved amount is $501,775. The loan was approved on 04/07/2020 by The Eastern Bank reported 71 jobs and $501,775 was used to fund payroll.

Old arlington restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MA / ARLINGTON / Old arlington restaurant, inc.

OLD ARLINGTON RESTAURANT, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLD ARLINGTON RESTAURANT, INC.

Borrower Address

1111 Massachuesetts Ave

Borrower City

ARLINGTON

Borrower State

MA

Borrower Zip

02476-4314

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501775.00

Current Approval Amount

501775.00

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

ARLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02476-4314

CD

MA-05

Jobs Reported

71

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

501775.00

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

505175.92

Forgiveness Date

12/17/2020

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