PPP Loan information for Newport and narragansett bay railroad company llc

$49,945

Newport and narragansett bay railroad company llc was initially approved for PPP Loan of amount $49,945, the current approved amount is $49,945. The loan was approved on 02/09/2021 by The BankNewport reported 7 jobs and $49,945 was used to fund payroll.

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

NEWPORT AND NARRAGANSETT BAY RAILROAD COMPANY LLC

Date Approved

02/09/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT AND NARRAGANSETT BAY RAILROAD COMPANY LLC

Borrower Address

25 Compass Cir

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49944.62

Current Approval Amount

49944.62

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

CD

RI-02

Jobs Reported

7

NAICS Code

487110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49944.62

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

50426.28

Forgiveness Date

01/31/2022

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