Colonial Traveler Motor Court, INC

$49,575 PPP Loan in Saugus, Massachusetts

Loan Details

Loan Number
6075327303
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$49,575
Current Approval
$49,575
Forgiveness Amount
$50,211
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Traveler Motor Court, INC
Address
1753 Broadway
City
Saugus
ZIP Code
01906
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721199)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$37,181
Utilities
$12,394

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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