PPP Loan information for Derby restaurant llc

$369,806

Derby restaurant llc was initially approved for PPP Loan of amount $369,806, the current approved amount is $369,806. The loan was approved on 02/13/2021 by The Northern Bank and Trust Company reported 54 jobs and $369,806 was used to fund payroll.

Derby restaurant llc is Existing or more than 2 years old

DERBY RESTAURANT LLC

Date Approved

02/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DERBY RESTAURANT LLC

Borrower Address

189 Washington St

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-3522

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369806.00

Current Approval Amount

369806.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

Y

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

01970-3522

CD

MA-06

Jobs Reported

54

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

369803.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372374.10

Forgiveness Date

10/27/2021

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