PPP Loan information for Protocol networks inc

$296,540

Protocol networks inc was initially approved for PPP Loan of amount $296,540, the current approved amount is $296,540. The loan was approved on 04/30/2020 by The American Express National Bank reported 25 jobs and $296,540 was used to fund payroll.

Protocol networks inc is Existing or more than 2 years old

PPP Loan Search / RI / Johnston / Protocol networks inc

PROTOCOL NETWORKS INC

Date Approved

04/30/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

PROTOCOL NETWORKS INC

Borrower Address

15 Shore Drive

Borrower City

Johnston

Borrower State

RI

Borrower Zip

02919

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296540.00

Current Approval Amount

296540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-0001

CD

RI-02

Jobs Reported

25

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

266886.00

Mortgage Interest Proceed

0.00

Rent Proceed

14827.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14827.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298465.48

Forgiveness Date

12/30/2020

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