PPP Loan information for Choice collision center

$238,750

Choice collision center was initially approved for PPP Loan of amount $238,750, the current approved amount is $238,750. The loan was approved on 02/04/2021 by The BankNewport reported 17 jobs and $238,750 was used to fund payroll.

Choice collision center is Existing or more than 2 years old

CHOICE COLLISION CENTER

Date Approved

02/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

CHOICE COLLISION CENTER

Borrower Address

125 Ernest St

Borrower City

Providence

Borrower State

RI

Borrower Zip

02905-4601

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238750.00

Current Approval Amount

238750.00

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

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

02905-4601

CD

RI-01

Jobs Reported

17

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238748.00

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

239848.90

Forgiveness Date

07/27/2021

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