PPP Loan information for Chris electric, ltd

$168,000

Chris electric, ltd was initially approved for PPP Loan of amount $168,000, the current approved amount is $168,000. The loan was approved on 04/15/2020 by The BankNewport reported 15 jobs and $168,000 was used to fund payroll.

Chris electric, ltd is Existing or more than 2 years old

CHRIS ELECTRIC, LTD

Date Approved

04/15/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

CHRIS ELECTRIC, LTD

Borrower Address

62 Halsey St

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168000.00

Current Approval Amount

168000.00

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

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-0001

CD

RI-01

Jobs Reported

15

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

168000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169854.90

Forgiveness Date

06/02/2021

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