PPP Loan information for Ocean state assisted living

$387,000

Ocean state assisted living was initially approved for PPP Loan of amount $387,000, the current approved amount is $387,000. The loan was approved on 04/27/2020 by The Bank Rhode Island reported 38 jobs and $387,000 was used to fund payroll.

Ocean state assisted living is Existing or more than 2 years old

OCEAN STATE ASSISTED LIVING

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

OCEAN STATE ASSISTED LIVING

Borrower Address

5 St Elizabeth Way

Borrower City

EAST GREENWICH

Borrower State

RI

Borrower Zip

02818-2164

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387000.00

Current Approval Amount

387000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GREENWICH

Project County Name

KENT

Project State

RI

Project Zip

02818-2164

CD

RI-02

Jobs Reported

38

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387000.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

390536.75

Forgiveness Date

04/08/2021

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