PPP Loan information for Emeritus development, ltd

$187,200

Emeritus development, ltd was initially approved for PPP Loan of amount $187,200, the current approved amount is $187,200. The loan was approved on 04/04/2020 by The The Cape Cod Five Cents Savings Bank reported 10 jobs and $187,200 was used to fund payroll.

Emeritus development, ltd is Existing or more than 2 years old

PPP Loan Search / MA / NANTUCKET / Emeritus development, ltd

EMERITUS DEVELOPMENT, LTD

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EMERITUS DEVELOPMENT, LTD

Borrower Address

8 WILLIAMS LN

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-3931

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187200.00

Current Approval Amount

187200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NANTUCKET

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-3931

CD

MA-09

Jobs Reported

10

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7410.00

Payroll Proceed

149790.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

189540.00

Forgiveness Date

07/15/2021

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