PPP Loan information for Pressed cafe newton, llc

$294,500

Pressed cafe newton, llc was initially approved for PPP Loan of amount $294,500, the current approved amount is $294,500. The loan was approved on 04/07/2020 by The The Lowell Five Cent Savings Bank reported 50 jobs and $294,500 was used to fund payroll.

Pressed cafe newton, llc is New Business or 2 years or less

PPP Loan Search / MA / NEWTON / Pressed cafe newton, llc

PRESSED CAFE NEWTON, LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRESSED CAFE NEWTON, LLC

Borrower Address

300 NEEDHAM ST

Borrower City

NEWTON

Borrower State

MA

Borrower Zip

02464-1367

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294500.00

Current Approval Amount

294500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02464-1367

CD

MA-04

Jobs Reported

50

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

224500.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297299.77

Forgiveness Date

03/30/2021

;