PPP Loan information for Cay electronics inc.

$152,145

Cay electronics inc. was initially approved for PPP Loan of amount $152,145, the current approved amount is $152,145. The loan was approved on 01/22/2021 by The BankNewport reported 8 jobs and $152,145 was used to fund payroll.

Cay electronics inc. is Existing or more than 2 years old

CAY ELECTRONICS INC.

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

CAY ELECTRONICS INC.

Borrower Address

1 Maritime Dr Ste 5

Borrower City

Portsmouth

Borrower State

RI

Borrower Zip

02871-6100

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152145.00

Current Approval Amount

152145.00

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

Portsmouth

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-6100

CD

RI-01

Jobs Reported

8

NAICS Code

811211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

152143.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153066.21

Forgiveness Date

09/07/2021

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