PPP Loan information for Salt marsh foods llc

$915,000

Salt marsh foods llc was initially approved for PPP Loan of amount $915,000, the current approved amount is $915,000. The loan was approved on 02/05/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 95 jobs and $915,000 was used to fund payroll.

Salt marsh foods llc is Existing or more than 2 years old

SALT MARSH FOODS LLC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SALT MARSH FOODS LLC

Borrower Address

149 Potter St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

915000.00

Current Approval Amount

915000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740

CD

MA-09

Jobs Reported

95

NAICS Code

311991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

914997.00

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

919737.95

Forgiveness Date

08/18/2021

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