PPP Loan information for Rail explorers corporation

$136,000

Rail explorers corporation was initially approved for PPP Loan of amount $136,100, the current approved amount is $136,000. The loan was approved on 04/03/2020 by The Business Development Company reported 18 jobs and $136,000 was used to fund payroll.

Rail explorers corporation is Existing or more than 2 years old

PPP Loan Search / RI / PORTSMOUTH / Rail explorers corporation

RAIL EXPLORERS CORPORATION

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RAIL EXPLORERS CORPORATION

Borrower Address

1 Maritime Drive, Suite 3

Borrower City

PORTSMOUTH

Borrower State

RI

Borrower Zip

02871-6100

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136100.00

Current Approval Amount

136000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

199861

Servicing Lender Name

Business Development Company

Servicing Lender Address

40 Westminster St, Ste 702

Servicing Lender City

Providence

Servicing Lender State

RI

Servicing Lender Zip

02903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-6100

CD

RI-01

Jobs Reported

18

NAICS Code

713990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1566.00

Payroll Proceed

108956.00

Mortgage Interest Proceed

0.00

Rent Proceed

25478.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

199861

Originating Lender

Business Development Company

Originating Lender City

Providence

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137118.22

Forgiveness Date

02/04/2021

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