PPP Loan information for Rhode island textile company

$886,670

Rhode island textile company was initially approved for PPP Loan of amount $886,670, the current approved amount is $886,670. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 85 jobs and $886,670 was used to fund payroll.

Rhode island textile company is Existing or more than 2 years old

PPP Loan Search / CT / SOUTHINGTON / Rhode island textile company

RHODE ISLAND TEXTILE COMPANY

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RHODE ISLAND TEXTILE COMPANY

Borrower Address

200 Executive Blvd

Borrower City

SOUTHINGTON

Borrower State

CT

Borrower Zip

06489-1042

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

886670.00

Current Approval Amount

886670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06489-1042

CD

CT-01

Jobs Reported

85

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

886670.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

894783.64

Forgiveness Date

03/31/2021

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