PPP Loan information for Friends restaurant inc

$112,621

Friends restaurant inc was initially approved for PPP Loan of amount $112,621, the current approved amount is $112,621. The loan was approved on 02/04/2021 by The North Shore Bank, a Co-operative Bank reported 11 jobs and $112,621 was used to fund payroll.

Friends restaurant inc is Existing or more than 2 years old

PPP Loan Search / MA / Salem / Friends restaurant inc

FRIENDS RESTAURANT INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FRIENDS RESTAURANT INC

Borrower Address

155 Washington St # 159

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-3540

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112621.39

Current Approval Amount

112621.39

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

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

01970-3540

CD

MA-06

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112616.39

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113922.79

Forgiveness Date

04/01/2022

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