PPP Loan information for Island moving company

$120,000

Island moving company was initially approved for PPP Loan of amount $147,700, the current approved amount is $120,000. The loan was approved on 04/09/2020 by The Berkshire Bank reported 18 jobs and $120,000 was used to fund payroll.

Island moving company is Existing or more than 2 years old

ISLAND MOVING COMPANY

Date Approved

04/09/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ISLAND MOVING COMPANY

Borrower Address

3 CHARLES ST

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-2902

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147700.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

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

02840-2902

CD

RI-01

Jobs Reported

18

NAICS Code

711120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

Professional Association

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121006.03

Forgiveness Date

03/31/2021

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