PPP Loan information for Newton corner restaurant concepts llc

$188,790

Newton corner restaurant concepts llc was initially approved for PPP Loan of amount $188,790, the current approved amount is $188,790. The loan was approved on 02/09/2021 by The Bank of America, National Association reported 12 jobs and $188,790 was used to fund payroll.

Newton corner restaurant concepts llc is Existing or more than 2 years old

NEWTON CORNER RESTAURANT CONCEPTS LLC

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEWTON CORNER RESTAURANT CONCEPTS LLC

Borrower Address

28 Gertrude St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-1177

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188790.00

Current Approval Amount

188790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-1177

CD

MA-05

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

188784.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159276.13

Forgiveness Date

12/01/2022

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