Nantucket Looms, LLC

$342,000 PPP Loan in Nantucket, Massachusetts

Loan Details

Loan Number
4912277006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$342,000
Current Approval
$342,000
Forgiveness Amount
$344,090
Forgiveness Date
Dec 11, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nantucket Looms, LLC
Address
Po Box 1510 51 Main Street
ZIP Code
02554-1510
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (453220)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-09

Loan Use Breakdown

Payroll
$274,000
Rent
$64,000
Utilities
$4,000

Lender Information

Servicing Lender
The Cape Cod Five Cents Savings Bank
Originating Lender
The Cape Cod Five Cents Savings Bank

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