PPP Loan information for Olympia tea room, inc.

$527,700

Olympia tea room, inc. was initially approved for PPP Loan of amount $131,900, the current approved amount is $527,700. The loan was approved on 05/29/2020 by The Berkshire Bank reported 49 jobs and $527,700 was used to fund payroll.

Olympia tea room, inc. is Unanswered

PPP Loan Search / RI / WESTERLY / Olympia tea room, inc.

OLYMPIA TEA ROOM, INC.

Date Approved

05/29/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

OLYMPIA TEA ROOM, INC.

Borrower Address

74 Bay Street P.O. Box 2385

Borrower City

WESTERLY

Borrower State

RI

Borrower Zip

02891-5702

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131900.00

Current Approval Amount

527700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WESTERLY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-5702

CD

RI-02

Jobs Reported

49

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527700.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

530765.00

Forgiveness Date

01/11/2021

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