ABELLARD RESTAURANT GROUP (MA) - 2020 PPP Loan Borrower Profile (# 7257087102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABELLARD RESTAURANT GROUP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

7257087102

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$188,925.31

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$191,071.71

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

23,615.66

Payroll Proced

141,693.98

Rent Proceed

23,615.67

Lender

Service FCU

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

WALTHAM, MA

Project Location

WALTHAM, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.