PPP Loan information for M & b salem restaurant l

$492,677

M & b salem restaurant l was initially approved for PPP Loan of amount $492,677, the current approved amount is $492,677. The loan was approved on 02/08/2021 by The Eastern Bank reported 42 jobs and $492,677 was used to fund payroll.

M & b salem restaurant l is Existing or more than 2 years old

PPP Loan Search / MA / Salem / M & b salem restaurant l

M & B SALEM RESTAURANT L

Date Approved

02/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

M & B SALEM RESTAURANT L

Borrower Address

125 Washington St

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-3535

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

492677.00

Current Approval Amount

492677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3535

CD

MA-06

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

492671.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499273.40

Forgiveness Date

06/08/2022

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