PPP Loan information for Frobie's cafe

$142,860

Frobie's cafe was initially approved for PPP Loan of amount $142,860, the current approved amount is $142,860. The loan was approved on 02/18/2021 by The Washington Savings Bank reported 25 jobs and $142,860 was used to fund payroll.

Frobie's cafe is Existing or more than 2 years old

FROBIE'S CAFE

Date Approved

02/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FROBIE'S CAFE

Borrower Address

101 Broadway Rd

Borrower City

Dracut

Borrower State

MA

Borrower Zip

01826-4068

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142859.95

Current Approval Amount

142859.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32972

Servicing Lender Name

Washington Savings Bank

Servicing Lender Address

30 Middlesex St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-2111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dracut

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-4068

CD

MA-03

Jobs Reported

25

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142856.95

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

32972

Originating Lender

Washington Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143858.01

Forgiveness Date

11/02/2021

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