PPP Loan information for Fabric connection of newport, inc

$60,851

Fabric connection of newport, inc was initially approved for PPP Loan of amount $65,000, the current approved amount is $60,851. The loan was approved on 04/05/2020 by The BankNewport reported 6 jobs and $60,851 was used to fund payroll.

Fabric connection of newport, inc is Existing or more than 2 years old

PPP Loan Search / RI / MIDDLETOWN / Fabric connection of newport, inc

FABRIC CONNECTION OF NEWPORT, INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

FABRIC CONNECTION OF NEWPORT, INC

Borrower Address

741 E Main Rd

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842-5258

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

60851.00

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

Existing or more than 2 years old

Project City

MIDDLETOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-5258

CD

RI-01

Jobs Reported

6

NAICS Code

451130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60851.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61364.48

Forgiveness Date

03/05/2021

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