PPP Loan information for Becker manufacturing company

$145,833

Becker manufacturing company was initially approved for PPP Loan of amount $145,833, the current approved amount is $145,833. The loan was approved on 01/25/2021 by The BankNewport reported 13 jobs and $145,833 was used to fund payroll.

Becker manufacturing company is Existing or more than 2 years old

BECKER MANUFACTURING COMPANY

Date Approved

01/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

BECKER MANUFACTURING COMPANY

Borrower Address

1 S Main St

Borrower City

Coventry

Borrower State

RI

Borrower Zip

02816-5719

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145832.50

Current Approval Amount

145832.50

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

Coventry

Project County Name

KENT

Project State

RI

Project Zip

02816-5719

CD

RI-02

Jobs Reported

13

NAICS Code

316998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

145829.50

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

118912.98

Forgiveness Date

10/04/2021

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