PPP Loan information for Burell restaurant corporation

$154,940

Burell restaurant corporation was initially approved for PPP Loan of amount $154,940, the current approved amount is $154,940. The loan was approved on 04/30/2020 by The The Cooperative Bank of Cape Cod reported 48 jobs and $154,940 was used to fund payroll.

Burell restaurant corporation is Existing or more than 2 years old

BURELL RESTAURANT CORPORATION

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BURELL RESTAURANT CORPORATION

Borrower Address

16 Old Castle Road

Borrower City

YarmouthPort

Borrower State

MA

Borrower Zip

02675

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154939.52

Current Approval Amount

154939.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89212

Servicing Lender Name

The Cooperative Bank of Cape Cod

Servicing Lender Address

25 Benjamin Franklin Way

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601-8140

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YarmouthPort

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02675-0001

CD

MA-09

Jobs Reported

48

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

154939.52

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

Subchapter S Corporation

Originating Lender Location Id

89212

Originating Lender

The Cooperative Bank of Cape Cod

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155705.61

Forgiveness Date

11/03/2020

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