PPP Loan information for Middlebridge school

$787,500

Middlebridge school was initially approved for PPP Loan of amount $787,500, the current approved amount is $787,500. The loan was approved on 04/04/2020 by The Bank Rhode Island reported 75 jobs and $787,500 was used to fund payroll.

Middlebridge school is Existing or more than 2 years old

MIDDLEBRIDGE SCHOOL

Date Approved

04/04/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MIDDLEBRIDGE SCHOOL

Borrower Address

333 Ocean Road

Borrower City

NARRAGANSETT

Borrower State

RI

Borrower Zip

02882-1363

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

787500.00

Current Approval Amount

787500.00

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

NARRAGANSETT

Project County Name

WASHINGTON

Project State

RI

Project Zip

02882-1363

CD

RI-02

Jobs Reported

75

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

787500.00

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

Non-Profit Organization

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

792356.25

Forgiveness Date

11/27/2020

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