PPP Loan information for Fortune rope and metal co inc

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

FORTUNE ROPE AND METAL CO INC

Borrower Address

67 BALLOU BLVD

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809-2729

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218530.00

Current Approval Amount

218530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRISTOL

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-2729

CD

RI-01

Jobs Reported

17

NAICS Code

423510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218530.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221996.54

Forgiveness Date

12/09/2021