PPP Loan information for Forty 1 north llc

$698,866

Forty 1 north llc was initially approved for PPP Loan of amount $698,866, the current approved amount is $698,866. The loan was approved on 03/31/2021 by The Bank Rhode Island reported 60 jobs and $698,866 was used to fund payroll.

Forty 1 north llc is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Forty 1 north llc

FORTY 1 NORTH LLC

Date Approved

03/31/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FORTY 1 NORTH LLC

Borrower Address

351 Thames St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6654

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

698866.00

Current Approval Amount

698866.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-6654

CD

RI-01

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

698862.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

702146.79

Forgiveness Date

09/28/2021

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