PPP Loan information for Newport festivals foundation inc

$252,000

Newport festivals foundation inc was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 43 jobs and $252,000 was used to fund payroll.

Newport festivals foundation inc is Existing or more than 2 years old

PPP Loan Search / MA / Essex / Newport festivals foundation inc

NEWPORT FESTIVALS FOUNDATION INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWPORT FESTIVALS FOUNDATION INC

Borrower Address

74 Martin St., Rear

Borrower City

Essex

Borrower State

MA

Borrower Zip

01929

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Essex

Project County Name

ESSEX

Project State

MA

Project Zip

01929-0001

CD

MA-06

Jobs Reported

43

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

252000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

253401.53

Forgiveness Date

11/17/2020

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