PPP Loan information for Business innovation factory

$197,300

Business innovation factory was initially approved for PPP Loan of amount $197,300, the current approved amount is $197,300. The loan was approved on 04/27/2020 by The Citizens Bank, National Association reported 6 jobs and $197,300 was used to fund payroll.

Business innovation factory is Existing or more than 2 years old

PPP Loan Search / RI / Providence / Business innovation factory

BUSINESS INNOVATION FACTORY

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BUSINESS INNOVATION FACTORY

Borrower Address

60 Valley St. Unit 107B

Borrower City

Providence

Borrower State

RI

Borrower Zip

02909

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197300.00

Current Approval Amount

197300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02909-0001

CD

RI-02

Jobs Reported

6

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197300.00

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

Non-Profit Organization

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

199462.19

Forgiveness Date

06/11/2021

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