PPP Loan information for Newport festivals foundation inc

$270,655

Newport festivals foundation inc was initially approved for PPP Loan of amount $270,655, the current approved amount is $270,655. The loan was approved on 01/27/2021 by The Citizens Bank, National Association reported 43 jobs and $270,655 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

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEWPORT FESTIVALS FOUNDATION INC

Borrower Address

74 Martin St Rear

Borrower City

Essex

Borrower State

MA

Borrower Zip

01929-1256

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270654.53

Current Approval Amount

270654.53

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

01929-1256

CD

MA-06

Jobs Reported

43

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

270652.53

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

272626.97

Forgiveness Date

10/25/2021

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