PPP Loan information for Laroussi restaurant group inc

$75,000

Laroussi restaurant group inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/15/2020 by The South Shore Bank reported 24 jobs and $75,000 was used to fund payroll.

Laroussi restaurant group inc is New Business or 2 years or less

LAROUSSI RESTAURANT GROUP INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAROUSSI RESTAURANT GROUP INC

Borrower Address

134 FRANKLIN ST

Borrower City

HOLBROOK

Borrower State

MA

Borrower Zip

02343-1436

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOLBROOK

Project County Name

NORFOLK

Project State

MA

Project Zip

02343-1436

CD

MA-08

Jobs Reported

24

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75733.33

Forgiveness Date

04/08/2021

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