PPP Loan information for Old saugus restaurant in

$565,656

Old saugus restaurant in was initially approved for PPP Loan of amount $565,656, the current approved amount is $565,656. The loan was approved on 02/04/2021 by The Eastern Bank reported 55 jobs and $565,656 was used to fund payroll.

Old saugus restaurant in is Existing or more than 2 years old

PPP Loan Search / MA / Burlington / Old saugus restaurant in

OLD SAUGUS RESTAURANT IN

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OLD SAUGUS RESTAURANT IN

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

565656.00

Current Approval Amount

565656.00

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

55

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

565654.00

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

569662.73

Forgiveness Date

10/22/2021

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