PPP Loan information for Bananaland inc.

$400,939

Bananaland inc. was initially approved for PPP Loan of amount $400,939, the current approved amount is $400,939. The loan was approved on 02/03/2021 by The Eastern Bank reported 25 jobs and $400,939 was used to fund payroll.

Bananaland inc. is Existing or more than 2 years old

PPP Loan Search / MA / Melrose / Bananaland inc.

BANANALAND INC.

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BANANALAND INC.

Borrower Address

132 Youle St

Borrower City

Melrose

Borrower State

MA

Borrower Zip

02176-2619

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400939.00

Current Approval Amount

400939.00

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

Melrose

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-2619

CD

MA-05

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

400934.00

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

405204.55

Forgiveness Date

02/23/2022

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