PPP Loan information for Elco painting inc

$385,200

Elco painting inc was initially approved for PPP Loan of amount $385,200, the current approved amount is $385,200. The loan was approved on 04/05/2020 by The Bank Rhode Island reported 23 jobs and $385,200 was used to fund payroll.

Elco painting inc is Existing or more than 2 years old

PPP Loan Search / RI / NORTH KINGSTOWN / Elco painting inc

ELCO PAINTING INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ELCO PAINTING INC

Borrower Address

320 Smith Street

Borrower City

NORTH KINGSTOWN

Borrower State

RI

Borrower Zip

02852-7723

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385200.00

Current Approval Amount

385200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH KINGSTOWN

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-7723

CD

RI-02

Jobs Reported

23

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

385200.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388827.30

Forgiveness Date

03/24/2021

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