PPP Loan information for Nantucket looms, llc

$342,000

Nantucket looms, llc was initially approved for PPP Loan of amount $342,000, the current approved amount is $342,000. The loan was approved on 04/04/2020 by The The Cape Cod Five Cents Savings Bank reported 20 jobs and $342,000 was used to fund payroll.

Nantucket looms, llc is Existing or more than 2 years old

NANTUCKET LOOMS, LLC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NANTUCKET LOOMS, LLC

Borrower Address

PO BOX 1510 51 Main Street

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-1510

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342000.00

Current Approval Amount

342000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NANTUCKET

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-1510

CD

MA-09

Jobs Reported

20

NAICS Code

453220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

274000.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344090.00

Forgiveness Date

12/11/2020

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