PPP Loan information for 5 stars restaurant group inc

$187,786

5 stars restaurant group inc was initially approved for PPP Loan of amount $187,786, the current approved amount is $187,786. The loan was approved on 01/21/2021 by The MutualOne Bank reported 20 jobs and $187,786 was used to fund payroll.

5 stars restaurant group inc is Existing or more than 2 years old

5 STARS RESTAURANT GROUP INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

5 STARS RESTAURANT GROUP INC

Borrower Address

1138 Worcester Rd

Borrower City

Framingham

Borrower State

MA

Borrower Zip

01702-5209

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187785.50

Current Approval Amount

187785.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Framingham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-5209

CD

MA-05

Jobs Reported

20

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187782.50

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

Subchapter S Corporation

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189138.58

Forgiveness Date

10/25/2021

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