PPP Loan information for Rise prep mayoral academy

$355,500

Rise prep mayoral academy was initially approved for PPP Loan of amount $355,500, the current approved amount is $355,500. The loan was approved on 04/07/2020 by The Bank Rhode Island reported 35 jobs and $355,500 was used to fund payroll.

Rise prep mayoral academy is Existing or more than 2 years old

PPP Loan Search / RI / WOONSOCKET / Rise prep mayoral academy

RISE PREP MAYORAL ACADEMY

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RISE PREP MAYORAL ACADEMY

Borrower Address

30 CUMBERLAND ST

Borrower City

WOONSOCKET

Borrower State

RI

Borrower Zip

02895-3302

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355500.00

Current Approval Amount

355500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WOONSOCKET

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02895-3302

CD

RI-01

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355500.00

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

Non-Profit Organization

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

358551.38

Forgiveness Date

02/26/2021

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