PPP Loan information for Tavern on the line corp

$31,714

Tavern on the line corp was initially approved for PPP Loan of amount $31,714, the current approved amount is $31,714. The loan was approved on 04/11/2020 by The The Lowell Five Cent Savings Bank reported 6 jobs and $31,714 was used to fund payroll.

Tavern on the line corp is New Business or 2 years or less

TAVERN ON THE LINE CORP

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TAVERN ON THE LINE CORP

Borrower Address

1794 BRIDGE ST UNIT 33A

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-2612

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31714.48

Current Approval Amount

31714.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-2612

CD

MA-03

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4500.00

Payroll Proceed

22939.48

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

275

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32075.07

Forgiveness Date

06/04/2021

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