PPP Loan information for North andover hotel

$160,588

North andover hotel was initially approved for PPP Loan of amount $160,588, the current approved amount is $160,588. The loan was approved on 04/07/2020 by The Camden National Bank reported 35 jobs and $160,588 was used to fund payroll.

North andover hotel is Existing or more than 2 years old

NORTH ANDOVER HOTEL

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORTH ANDOVER HOTEL

Borrower Address

106 Bank Road

Borrower City

Haverhill

Borrower State

MA

Borrower Zip

01832-3603

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160588.00

Current Approval Amount

160588.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Haverhill

Project County Name

ESSEX

Project State

MA

Project Zip

01832-3603

CD

MA-03

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160588.00

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162465.99

Forgiveness Date

06/11/2021

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