PPP Loan information for Lou's restaurant & bakery

$427,381

Lou's restaurant & bakery was initially approved for PPP Loan of amount $427,381, the current approved amount is $427,381. The loan was approved on 01/19/2021 by The Ledyard National Bank reported 41 jobs and $427,381 was used to fund payroll.

Lou's restaurant & bakery is Existing or more than 2 years old

PPP Loan Search / NH / Hanover / Lou's restaurant & bakery

LOU'S RESTAURANT & BAKERY

Date Approved

01/19/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

LOU'S RESTAURANT & BAKERY

Borrower Address

30 S Main St

Borrower City

Hanover

Borrower State

NH

Borrower Zip

03755-2015

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

427381.00

Current Approval Amount

427381.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117112

Servicing Lender Name

Ledyard National Bank

Servicing Lender Address

320 Main St

Servicing Lender City

NORWICH

Servicing Lender State

VT

Servicing Lender Zip

05055-4418

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

GRAFTON

Project State

NH

Project Zip

03755-2015

CD

NH-02

Jobs Reported

41

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

427376.00

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

Subchapter S Corporation

Originating Lender Location Id

117112

Originating Lender

Ledyard National Bank

Originating Lender City

NORWICH

Originating Lender State

VT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

430706.38

Forgiveness Date

11/08/2021

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