Spinelli's Function Facility INC

$320,000 PPP Loan in Peabody, Massachusetts

Loan Details

Loan Number
2415857907
Date Approved
Jun 11, 2020
Loan Status
Paid in Full
Initial Approval
$320,000
Current Approval
$320,000
Forgiveness Amount
$323,726
Forgiveness Date
Aug 19, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Spinelli's Function Facility INC
Address
10 Newbury Street
ZIP Code
01960
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722320)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$320,000

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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