PPP Loan information for Seashell restaurant inc

$54,219

Seashell restaurant inc was initially approved for PPP Loan of amount $54,219, the current approved amount is $54,219. The loan was approved on 04/28/2020 by The Chelsea Groton Bank reported 12 jobs and $54,219 was used to fund payroll.

Seashell restaurant inc is Existing or more than 2 years old

PPP Loan Search / CT / NIANTIC / Seashell restaurant inc

SEASHELL RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SEASHELL RESTAURANT INC

Borrower Address

26 West Main Street

Borrower City

NIANTIC

Borrower State

CT

Borrower Zip

06357-2340

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54219.00

Current Approval Amount

54219.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NIANTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06357-2340

CD

CT-02

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5421.90

Payroll Proceed

43375.20

Mortgage Interest Proceed

0.00

Rent Proceed

5421.90

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54900.82

Forgiveness Date

08/03/2021

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