PPP Loan information for Lcw associates inc. dba royal east restaurant

$74,005

Lcw associates inc. dba royal east restaurant was initially approved for PPP Loan of amount $74,005, the current approved amount is $74,005. The loan was approved on 02/17/2021 by The Customers Bank reported 14 jobs and $74,005 was used to fund payroll.

Lcw associates inc. dba royal east restaurant is Existing or more than 2 years old

LCW ASSOCIATES INC. DBA ROYAL EAST RESTAURANT

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LCW ASSOCIATES INC. DBA ROYAL EAST RESTAURANT

Borrower Address

782 Main St # 792

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-3510

Loan Status Date

10/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74005.00

Current Approval Amount

74005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-3510

CD

MA-07

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

73999.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70593.83

Forgiveness Date

09/17/2021

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