PPP Loan information for American labor services inc.

$1,152,525

American labor services inc. was initially approved for PPP Loan of amount $1,152,525, the current approved amount is $1,152,525. The loan was approved on 02/06/2021 by The BankNewport reported 84 jobs and $1,152,525 was used to fund payroll.

American labor services inc. is Existing or more than 2 years old

AMERICAN LABOR SERVICES INC.

Date Approved

02/06/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AMERICAN LABOR SERVICES INC.

Borrower Address

515 Smith St

Borrower City

Providence

Borrower State

RI

Borrower Zip

02908-4349

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1152525.00

Current Approval Amount

1152525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02908-4349

CD

RI-02

Jobs Reported

84

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1152522.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1160955.80

Forgiveness Date

11/03/2021

;