PPP Loan information for American sail training association

$61,321

American sail training association was initially approved for PPP Loan of amount $61,321, the current approved amount is $61,321. The loan was approved on 02/02/2021 by The BankNewport reported 5 jobs and $61,321 was used to fund payroll.

American sail training association is Existing or more than 2 years old

AMERICAN SAIL TRAINING ASSOCIATION

Date Approved

02/02/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AMERICAN SAIL TRAINING ASSOCIATION

Borrower Address

47 Wood Ave

Borrower City

Barrington

Borrower State

RI

Borrower Zip

02806-3503

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61320.62

Current Approval Amount

61320.62

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Barrington

Project County Name

BRISTOL

Project State

RI

Project Zip

02806-3503

CD

RI-01

Jobs Reported

5

NAICS Code

923110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61317.62

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

Non-Profit Organization

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

61701.98

Forgiveness Date

09/21/2021

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