PPP Loan information for Chelo's of newport avenue inc

$189,600

Chelo's of newport avenue inc was initially approved for PPP Loan of amount $189,600, the current approved amount is $189,600. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 53 jobs and $189,600 was used to fund payroll.

Chelo's of newport avenue inc is Existing or more than 2 years old

PPP Loan Search / RI / RUMFORD / Chelo's of newport avenue inc

CHELO'S OF NEWPORT AVENUE INC

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

CHELO'S OF NEWPORT AVENUE INC

Borrower Address

45 NEWPORT AVENUE

Borrower City

RUMFORD

Borrower State

RI

Borrower Zip

02916

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189600.00

Current Approval Amount

189600.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUMFORD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02916-0551

CD

RI-01

Jobs Reported

53

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189600.00

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

Subchapter S Corporation

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

Forgiveness Amount

190914.21

Forgiveness Date

01/20/2021

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