PPP Loan information for Concord restaurant group

$503,499

Concord restaurant group was initially approved for PPP Loan of amount $503,499, the current approved amount is $503,499. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 16 jobs and $503,499 was used to fund payroll.

Concord restaurant group is Existing or more than 2 years old

PPP Loan Search / MA / Concord / Concord restaurant group

CONCORD RESTAURANT GROUP

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CONCORD RESTAURANT GROUP

Borrower Address

24 Commonwealth Ave

Borrower City

Concord

Borrower State

MA

Borrower Zip

01742-3004

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503499.00

Current Approval Amount

503499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-3004

CD

MA-03

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

503494.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510865.26

Forgiveness Date

07/14/2022

;