PPP Loan information for Earls restaurant (somerville ma) inc.

$688,550

Earls restaurant (somerville ma) inc. was initially approved for PPP Loan of amount $688,550, the current approved amount is $688,550. The loan was approved on 04/01/2021 by The Loan Source Incorporated reported 124 jobs and $688,550 was used to fund payroll.

Earls restaurant (somerville ma) inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Earls restaurant (somerville ma) inc.

EARLS RESTAURANT (SOMERVILLE MA) INC.

Date Approved

04/01/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EARLS RESTAURANT (SOMERVILLE MA) INC.

Borrower Address

698 Assembly Row Ste 102

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02145-1230

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

688550.00

Current Approval Amount

688550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-1230

CD

MA-07

Jobs Reported

124

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

688548.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693134.05

Forgiveness Date

12/07/2021

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