PPP Loan information for Savoy bookshop & cafe inc.

$49,920

Savoy bookshop & cafe inc. was initially approved for PPP Loan of amount $49,920, the current approved amount is $49,920. The loan was approved on 02/26/2021 by The Chelsea Groton Bank reported 11 jobs and $49,920 was used to fund payroll.

Savoy bookshop & cafe inc. is Existing or more than 2 years old

SAVOY BOOKSHOP & CAFE INC.

Date Approved

02/26/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SAVOY BOOKSHOP & CAFE INC.

Borrower Address

10 Canal St

Borrower City

Westerly

Borrower State

RI

Borrower Zip

02891-1580

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49920.00

Current Approval Amount

49920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Westerly

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-1580

CD

RI-02

Jobs Reported

11

NAICS Code

451211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49918.00

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

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50241.40

Forgiveness Date

10/25/2021

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