PPP Loan information for Conanicut island sailing foundation

$50,786

Conanicut island sailing foundation was initially approved for PPP Loan of amount $50,786, the current approved amount is $50,786. The loan was approved on 01/22/2021 by The BankNewport reported 7 jobs and $50,786 was used to fund payroll.

Conanicut island sailing foundation is Existing or more than 2 years old

CONANICUT ISLAND SAILING FOUNDATION

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

CONANICUT ISLAND SAILING FOUNDATION

Borrower Address

7 Felucca Ave

Borrower City

Jamestown

Borrower State

RI

Borrower Zip

02835-1721

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50785.90

Current Approval Amount

50785.90

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

Jamestown

Project County Name

NEWPORT

Project State

RI

Project Zip

02835-1721

CD

RI-01

Jobs Reported

7

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50783.90

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

51224.19

Forgiveness Date

12/06/2021

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