PPP Loan information for Wellesley restaurant group inc

$280,400

Wellesley restaurant group inc was initially approved for PPP Loan of amount $280,400, the current approved amount is $280,400. The loan was approved on 04/14/2020 by The Needham Bank reported 29 jobs and $280,400 was used to fund payroll.

Wellesley restaurant group inc is Existing or more than 2 years old

PPP Loan Search / MA / WEST NEWTON / Wellesley restaurant group inc

WELLESLEY RESTAURANT GROUP INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLESLEY RESTAURANT GROUP INC

Borrower Address

1391 WASHINGTON ST

Borrower City

WEST NEWTON

Borrower State

MA

Borrower Zip

02465-2003

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280400.00

Current Approval Amount

280400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02465-2003

CD

MA-04

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

280400.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166657.16

Forgiveness Date

08/25/2021

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