PPP Loan information for Sea level oyster bar new

$497,500

Sea level oyster bar new was initially approved for PPP Loan of amount $497,500, the current approved amount is $497,500. The loan was approved on 02/19/2021 by The Eastern Bank reported 40 jobs and $497,500 was used to fund payroll.

Sea level oyster bar new is Existing or more than 2 years old

SEA LEVEL OYSTER BAR NEW

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SEA LEVEL OYSTER BAR NEW

Borrower Address

57 Wharf St Ste 2D

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-5147

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

497500.00

Current Approval Amount

497500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-5147

CD

MA-06

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

497496.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502129.51

Forgiveness Date

01/28/2022

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