PPP Loan information for D&b machining inc

$510,890

D&b machining inc was initially approved for PPP Loan of amount $510,890, the current approved amount is $510,890. The loan was approved on 02/19/2021 by The BayCoast Bank reported 42 jobs and $510,890 was used to fund payroll.

D&b machining inc is Existing or more than 2 years old

PPP Loan Search / RI / Cumberland / D&b machining inc

D&B MACHINING INC

Date Approved

02/19/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

D&B MACHINING INC

Borrower Address

53 John St

Borrower City

Cumberland

Borrower State

RI

Borrower Zip

02864-7713

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

510890.00

Current Approval Amount

510890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cumberland

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02864-7713

CD

RI-01

Jobs Reported

42

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

510885.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

518439.82

Forgiveness Date

08/09/2022

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