PPP Loan information for Oyster bar 02557 inc

$362,700

Oyster bar 02557 inc was initially approved for PPP Loan of amount $362,700, the current approved amount is $362,700. The loan was approved on 01/20/2021 by The Martha's Vineyard Bank reported 56 jobs and $362,700 was used to fund payroll.

Oyster bar 02557 inc is Existing or more than 2 years old

PPP Loan Search / MA / OAK BLUFFS / Oyster bar 02557 inc

OYSTER BAR 02557 INC

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OYSTER BAR 02557 INC

Borrower Address

6 CIRCUIT AVE

Borrower City

OAK BLUFFS

Borrower State

MA

Borrower Zip

02557

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

362700.00

Current Approval Amount

362700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BLUFFS

Project County Name

DUKES

Project State

MA

Project Zip

02557

CD

MA-09

Jobs Reported

56

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

362694.00

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256282.37

Forgiveness Date

03/16/2022

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