PPP Loan information for Rhode island engine co. inc.

$287,045

Rhode island engine co. inc. was initially approved for PPP Loan of amount $287,045, the current approved amount is $287,045. The loan was approved on 01/28/2021 by The The Washington Trust Company of Westerly reported 23 jobs and $287,045 was used to fund payroll.

Rhode island engine co. inc. is Existing or more than 2 years old

RHODE ISLAND ENGINE CO. INC.

Date Approved

01/28/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RHODE ISLAND ENGINE CO. INC.

Borrower Address

79 State St

Borrower City

Narragansett

Borrower State

RI

Borrower Zip

02882-5712

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287045.00

Current Approval Amount

287045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Narragansett

Project County Name

WASHINGTON

Project State

RI

Project Zip

02882-5712

CD

RI-02

Jobs Reported

23

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

287041.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289150.00

Forgiveness Date

10/26/2021

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