PPP Loan information for Ben's furniture company

$56,500

Ben's furniture company was initially approved for PPP Loan of amount $56,500, the current approved amount is $56,500. The loan was approved on 04/05/2020 by The BankNewport reported 7 jobs and $56,500 was used to fund payroll.

Ben's furniture company is Existing or more than 2 years old

BEN'S FURNITURE COMPANY

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BEN'S FURNITURE COMPANY

Borrower Address

166 Thames St

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-6622

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

56500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-6622

CD

RI-01

Jobs Reported

7

NAICS Code

442299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56955.10

Forgiveness Date

02/19/2021

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