PPP Loan information for Royal restaurant cafe inc

$49,098

Royal restaurant cafe inc was initially approved for PPP Loan of amount $49,098, the current approved amount is $49,098. The loan was approved on 04/02/2021 by The BayCoast Bank reported 6 jobs and $49,098 was used to fund payroll.

Royal restaurant cafe inc is Existing or more than 2 years old

PPP Loan Search / MA / New Bedford / Royal restaurant cafe inc

ROYAL RESTAURANT CAFE INC

Date Approved

04/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ROYAL RESTAURANT CAFE INC

Borrower Address

296 N Front St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02746-2036

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49098.00

Current Approval Amount

49098.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02746-2036

CD

MA-09

Jobs Reported

6

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49098.00

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

Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49377.59

Forgiveness Date

11/01/2021

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