PPP Loan information for Newport waterfront landing

$899,997

Newport waterfront landing was initially approved for PPP Loan of amount $899,997, the current approved amount is $899,997. The loan was approved on 02/12/2021 by The Peoples CU reported 180 jobs and $899,997 was used to fund payroll.

Newport waterfront landing is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Newport waterfront landing

NEWPORT WATERFRONT LANDING

Date Approved

02/12/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT WATERFRONT LANDING

Borrower Address

30 Bowens Wharf

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-3005

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

899997.00

Current Approval Amount

899997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104803

Servicing Lender Name

Peoples CU

Servicing Lender Address

858 W Main Rd

Servicing Lender City

MIDDLETOWN

Servicing Lender State

RI

Servicing Lender Zip

02842-6315

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-3005

CD

RI-01

Jobs Reported

180

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

899996.00

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

Subchapter S Corporation

Originating Lender Location Id

104803

Originating Lender

Peoples CU

Originating Lender City

MIDDLETOWN

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

908846.97

Forgiveness Date

02/09/2022

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