PPP Loan information for Michael lucas

$49,905

Michael lucas was initially approved for PPP Loan of amount $49,905, the current approved amount is $49,905. The loan was approved on 01/22/2021 by The BankNewport reported 4 jobs and $49,905 was used to fund payroll.

Michael lucas is Existing or more than 2 years old

MICHAEL LUCAS

Date Approved

01/22/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MICHAEL LUCAS

Borrower Address

643 Metacom Ave

Borrower City

Bristol

Borrower State

RI

Borrower Zip

02809-5131

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49905.00

Current Approval Amount

49905.00

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

Bristol

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-5131

CD

RI-01

Jobs Reported

4

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49902.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50368.50

Forgiveness Date

01/03/2022

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