PPP Loan information for Swansea lounge inc

$558,784

Swansea lounge inc was initially approved for PPP Loan of amount $558,784, the current approved amount is $558,784. The loan was approved on 04/28/2021 by The BayCoast Bank reported 88 jobs and $558,784 was used to fund payroll.

Swansea lounge inc is Existing or more than 2 years old

PPP Loan Search / MA / Swansea / Swansea lounge inc

SWANSEA LOUNGE INC

Date Approved

04/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SWANSEA LOUNGE INC

Borrower Address

75 Gar Hwy

Borrower City

Swansea

Borrower State

MA

Borrower Zip

02777-3214

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

558784.00

Current Approval Amount

558784.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Swansea

Project County Name

BRISTOL

Project State

MA

Project Zip

02777-3214

CD

MA-04

Jobs Reported

88

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

558778.00

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

562912.79

Forgiveness Date

01/25/2022

;