PPP Loan information for Ascot cafe inc

$99,225

Ascot cafe inc was initially approved for PPP Loan of amount $99,225, the current approved amount is $99,225. The loan was approved on 03/12/2021 by The Eastern Bank reported 13 jobs and $99,225 was used to fund payroll.

Ascot cafe inc is Existing or more than 2 years old

PPP Loan Search / MA / Salem / Ascot cafe inc

ASCOT CAFE INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ASCOT CAFE INC

Borrower Address

317 Jefferson Ave

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-4438

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99225.00

Current Approval Amount

99225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-4438

CD

MA-06

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99220.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100029.83

Forgiveness Date

01/04/2022

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