PPP Loan information for Porter machine inc

$214,500

Porter machine inc was initially approved for PPP Loan of amount $214,500, the current approved amount is $214,500. The loan was approved on 04/07/2020 by The Bank Rhode Island reported 25 jobs and $214,500 was used to fund payroll.

Porter machine inc is Existing or more than 2 years old

PPP Loan Search / RI / WEST GREENWICH / Porter machine inc

PORTER MACHINE INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

PORTER MACHINE INC

Borrower Address

765 VICTORY HWY

Borrower City

WEST GREENWICH

Borrower State

RI

Borrower Zip

02817-2111

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214500.00

Current Approval Amount

214500.00

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

WEST GREENWICH

Project County Name

KENT

Project State

RI

Project Zip

02817-2111

CD

RI-02

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214500.00

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

Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216621.17

Forgiveness Date

04/14/2021

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