PPP Loan information for Atlantic mortgage & finance corporation

$49,913

Atlantic mortgage & finance corporation was initially approved for PPP Loan of amount $49,913, the current approved amount is $49,913. The loan was approved on 01/23/2021 by The BankNewport reported 12 jobs and $49,913 was used to fund payroll.

Atlantic mortgage & finance corporation is Existing or more than 2 years old

ATLANTIC MORTGAGE & FINANCE CORPORATION

Date Approved

01/23/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ATLANTIC MORTGAGE & FINANCE CORPORATION

Borrower Address

94 Main St

Borrower City

Wakefield

Borrower State

RI

Borrower Zip

02879-3566

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49912.78

Current Approval Amount

49912.78

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-3566

CD

RI-02

Jobs Reported

12

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49908.78

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50219.09

Forgiveness Date

09/16/2021

;