PPP Loan information for Andover donuts inc

$256,802

Andover donuts inc was initially approved for PPP Loan of amount $256,802, the current approved amount is $256,802. The loan was approved on 01/23/2021 by The BankNewport reported 26 jobs and $256,802 was used to fund payroll.

Andover donuts inc is Existing or more than 2 years old

ANDOVER DONUTS INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ANDOVER DONUTS INC

Borrower Address

10 State St Ste 102

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-6820

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256802.00

Current Approval Amount

256802.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-6820

CD

MA-05

Jobs Reported

26

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

256795.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259433.34

Forgiveness Date

02/04/2022

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