PPP Loan information for R&m restaurant inc.

$62,430

R&m restaurant inc. was initially approved for PPP Loan of amount $62,430, the current approved amount is $62,430. The loan was approved on 02/06/2021 by The Everett Co-operative Bank reported 26 jobs and $62,430 was used to fund payroll.

R&m restaurant inc. is Existing or more than 2 years old

R&M RESTAURANT INC.

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

R&M RESTAURANT INC.

Borrower Address

317 Main St

Borrower City

Wakefield

Borrower State

MA

Borrower Zip

01880-5053

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62429.50

Current Approval Amount

62429.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89066

Servicing Lender Name

Everett Co-operative Bank

Servicing Lender Address

419 Broadway

Servicing Lender City

EVERETT

Servicing Lender State

MA

Servicing Lender Zip

02149-3435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-5053

CD

MA-06

Jobs Reported

26

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62427.50

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

Corporation

Originating Lender Location Id

89066

Originating Lender

Everett Co-operative Bank

Originating Lender City

EVERETT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63202.60

Forgiveness Date

05/24/2022

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