PPP Loan information for The old salt restaurant

$327,368

The old salt restaurant was initially approved for PPP Loan of amount $327,368, the current approved amount is $327,368. The loan was approved on 04/15/2020 by The Cambridge Trust Company reported 110 jobs and $327,368 was used to fund payroll.

The old salt restaurant is Existing or more than 2 years old

PPP Loan Search / NH / HAMPTON / The old salt restaurant

THE OLD SALT RESTAURANT

Date Approved

04/15/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

THE OLD SALT RESTAURANT

Borrower Address

490 Lafayette Road

Borrower City

HAMPTON

Borrower State

NH

Borrower Zip

03842-2227

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327367.84

Current Approval Amount

327367.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03842-2227

CD

NH-01

Jobs Reported

110

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40000.00

Payroll Proceed

246367.84

Mortgage Interest Proceed

0.00

Rent Proceed

41000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330086.81

Forgiveness Date

02/18/2021

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