PPP Loan information for Tropical paradise inc.

$221,000

Tropical paradise inc. was initially approved for PPP Loan of amount $221,000, the current approved amount is $221,000. The loan was approved on 04/04/2020 by The Middlesex Savings Bank reported 13 jobs and $221,000 was used to fund payroll.

Tropical paradise inc. is Existing or more than 2 years old

TROPICAL PARADISE INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TROPICAL PARADISE INC.

Borrower Address

213 Burlington Road, Suite 109

Borrower City

BEDFORD

Borrower State

MA

Borrower Zip

01730-1406

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221000.00

Current Approval Amount

221000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-1406

CD

MA-06

Jobs Reported

13

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

175000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222295.31

Forgiveness Date

11/12/2020

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