PPP Loan information for Morse tavern inc

$109,500

Morse tavern inc was initially approved for PPP Loan of amount $109,500, the current approved amount is $109,500. The loan was approved on 02/24/2021 by The Needham Bank reported 20 jobs and $109,500 was used to fund payroll.

Morse tavern inc is Existing or more than 2 years old

MORSE TAVERN INC

Date Approved

02/24/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MORSE TAVERN INC

Borrower Address

446 Tiogue Ave

Borrower City

Coventry

Borrower State

RI

Borrower Zip

02816-5567

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109500.00

Current Approval Amount

109500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coventry

Project County Name

KENT

Project State

RI

Project Zip

02816-5567

CD

RI-02

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109494.00

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

Subchapter S Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109947.13

Forgiveness Date

08/27/2021

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