PPP Loan information for Village tavern salem inc

$539,416

Village tavern salem inc was initially approved for PPP Loan of amount $539,416, the current approved amount is $539,416. The loan was approved on 01/28/2021 by The Eastern Bank reported 32 jobs and $539,416 was used to fund payroll.

Village tavern salem inc is Existing or more than 2 years old

VILLAGE TAVERN SALEM INC

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

VILLAGE TAVERN SALEM INC

Borrower Address

2 E India Square Mall Ste 100

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-3700

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539416.00

Current Approval Amount

539416.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3700

CD

MA-06

Jobs Reported

32

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

539409.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544705.27

Forgiveness Date

01/21/2022

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