PPP Loan information for Falvey linen supply inc

$2,000,000

Falvey linen supply inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/31/2021 by The Bank Rhode Island reported 293 jobs and $2,000,000 was used to fund payroll.

Falvey linen supply inc is Existing or more than 2 years old

PPP Loan Search / RI / Cranston / Falvey linen supply inc

FALVEY LINEN SUPPLY INC

Date Approved

01/31/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FALVEY LINEN SUPPLY INC

Borrower Address

50 Burnham Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02910-1410

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-1410

CD

RI-01

Jobs Reported

293

NAICS Code

812331

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2011111.11

Forgiveness Date

08/24/2021

;