PPP Loan information for M and d transportation inc

$279,000

M and d transportation inc was initially approved for PPP Loan of amount $279,000, the current approved amount is $279,000. The loan was approved on 01/29/2021 by The Bank Rhode Island reported 26 jobs and $279,000 was used to fund payroll.

M and d transportation inc is Existing or more than 2 years old

M AND D TRANSPORTATION INC

Date Approved

01/29/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

M AND D TRANSPORTATION INC

Borrower Address

342 Compass Cir Unit E2

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852-2621

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279000.00

Current Approval Amount

279000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-2621

CD

RI-02

Jobs Reported

26

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

278998.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281177.75

Forgiveness Date

11/16/2021

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