PPP Loan information for Diorio electric co

$14,000

Diorio electric co was initially approved for PPP Loan of amount $18,000, the current approved amount is $14,000. The loan was approved on 05/12/2020 by The BankNewport reported 2 jobs and $14,000 was used to fund payroll.

Diorio electric co is New Business or 2 years or less

DIORIO ELECTRIC CO

Date Approved

05/12/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

DIORIO ELECTRIC CO

Borrower Address

495 Douglas Hook Rd

Borrower City

CHEPACHET

Borrower State

RI

Borrower Zip

02814

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18000.00

Current Approval Amount

14000.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHEPACHET

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02814-0001

CD

RI-02

Jobs Reported

2

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14000.00

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

14175.67

Forgiveness Date

08/24/2021

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