PPP Loan information for Newport creamery llc

$2,000,000

Newport creamery llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Centreville Bank reported 187 jobs and $2,000,000 was used to fund payroll.

Newport creamery llc is Existing or more than 2 years old

NEWPORT CREAMERY LLC

Date Approved

02/17/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT CREAMERY LLC

Borrower Address

35 Sockanosset Cross Rd

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02920-5535

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65795

Servicing Lender Name

Centreville Bank

Servicing Lender Address

1218 Main St

Servicing Lender City

WEST WARWICK

Servicing Lender State

RI

Servicing Lender Zip

02893-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02920-5535

CD

RI-02

Jobs Reported

187

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

65795

Originating Lender

Centreville Bank

Originating Lender City

WEST WARWICK

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2022611.11

Forgiveness Date

04/11/2022

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