PPP Loan information for Newport and narragansett bay railroad

$32,900

Newport and narragansett bay railroad was initially approved for PPP Loan of amount $32,900, the current approved amount is $32,900. The loan was approved on 04/09/2020 by The BankNewport reported 3 jobs and $32,900 was used to fund payroll.

Newport and narragansett bay railroad is Existing or more than 2 years old

NEWPORT AND NARRAGANSETT BAY RAILROAD

Date Approved

04/09/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

NEWPORT AND NARRAGANSETT BAY RAILROAD

Borrower Address

25 Compass Circle

Borrower City

NORTH KINGSTOWN

Borrower State

RI

Borrower Zip

02852-2609

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32900.00

Current Approval Amount

32900.00

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

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

02852-2609

CD

RI-02

Jobs Reported

3

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33277.67

Forgiveness Date

06/16/2021

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