PPP Loan information for Sagres restaurant inc

$142,527

Sagres restaurant inc was initially approved for PPP Loan of amount $142,527, the current approved amount is $142,527. The loan was approved on 02/19/2021 by The BayCoast Bank reported 13 jobs and $142,527 was used to fund payroll.

Sagres restaurant inc is Existing or more than 2 years old

PPP Loan Search / MA / Fall River / Sagres restaurant inc

SAGRES RESTAURANT INC

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SAGRES RESTAURANT INC

Borrower Address

177 Columbia St # 181

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02721-1358

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142527.00

Current Approval Amount

142527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-1358

CD

MA-04

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

142525.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143180.25

Forgiveness Date

08/09/2021

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