PPP Loan information for Swansea lounge inc

$344,225

Swansea lounge inc was initially approved for PPP Loan of amount $344,225, the current approved amount is $344,225. The loan was approved on 04/07/2020 by The BayCoast Bank reported 88 jobs and $344,225 was used to fund payroll.

Swansea lounge inc is Existing or more than 2 years old

PPP Loan Search / MA / SWANSEA / Swansea lounge inc

SWANSEA LOUNGE INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SWANSEA LOUNGE INC

Borrower Address

75 GAR Highway

Borrower City

SWANSEA

Borrower State

MA

Borrower Zip

02777-3214

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344225.00

Current Approval Amount

344225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANSEA

Project County Name

BRISTOL

Project State

MA

Project Zip

02777-3214

CD

MA-04

Jobs Reported

88

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

344225.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336676.87

Forgiveness Date

07/22/2021

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