PPP Loan information for Boston restaurant associates inc

$2,000,000

Boston restaurant associates inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Salem Five Cents Savings Bank reported 216 jobs and $2,000,000 was used to fund payroll.

Boston restaurant associates inc is Existing or more than 2 years old

PPP Loan Search / MA / Woburn / Boston restaurant associates inc

BOSTON RESTAURANT ASSOCIATES INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BOSTON RESTAURANT ASSOCIATES INC

Borrower Address

48 Cummings Park

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-2123

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

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

01801-2123

CD

MA-05

Jobs Reported

216

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010166.67

Forgiveness Date

07/29/2021

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