PPP Loan information for Broi llc

$62,500

Broi llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/05/2020 by The BankNewport reported 9 jobs and $62,500 was used to fund payroll.

Broi llc is Existing or more than 2 years old

BROI LLC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BROI LLC

Borrower Address

107 ATLANTIC RD

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-1443

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

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

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-1443

CD

MA-06

Jobs Reported

9

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

Limited Liability Company(LLC)

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

63315.07

Forgiveness Date

08/11/2021

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