PPP Loan information for Browns yacht yard inc

$174,300

Browns yacht yard inc was initially approved for PPP Loan of amount $174,300, the current approved amount is $174,300. The loan was approved on 04/27/2020 by The Cape Ann Savings Bank reported 18 jobs and $174,300 was used to fund payroll.

Browns yacht yard inc is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Browns yacht yard inc

BROWNS YACHT YARD INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BROWNS YACHT YARD INC

Borrower Address

139 Rear East Main Street

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174300.00

Current Approval Amount

174300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-0003

CD

MA-06

Jobs Reported

18

NAICS Code

713930

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174300.00

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

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175190.87

Forgiveness Date

11/05/2020

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