PPP Loan information for Rhode island novelty, inc.

$2,631,165

Rhode island novelty, inc. was initially approved for PPP Loan of amount $2,631,165, the current approved amount is $2,631,165. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 190 jobs and $2,631,165 was used to fund payroll.

Rhode island novelty, inc. is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Rhode island novelty, inc.

RHODE ISLAND NOVELTY, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RHODE ISLAND NOVELTY, INC.

Borrower Address

350 COMMERCE DR

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2631165.00

Current Approval Amount

2631165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-0001

CD

MA-04

Jobs Reported

190

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2631165.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2660936.81

Forgiveness Date

06/16/2021

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