PPP Loan information for Memorial funeral home, inc.

$189,100

Memorial funeral home, inc. was initially approved for PPP Loan of amount $189,100, the current approved amount is $189,100. The loan was approved on 04/07/2020 by The BankNewport reported 27 jobs and $189,100 was used to fund payroll.

Memorial funeral home, inc. is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Memorial funeral home, inc.

MEMORIAL FUNERAL HOME, INC.

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MEMORIAL FUNERAL HOME, INC.

Borrower Address

375 Broadway

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-1754

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189100.00

Current Approval Amount

189100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

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

02840-1754

CD

RI-01

Jobs Reported

27

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189100.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

190794.13

Forgiveness Date

03/16/2021

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