PPP Loan information for Sakonnet associates llc

$50,557

Sakonnet associates llc was initially approved for PPP Loan of amount $29,724, the current approved amount is $50,557. The loan was approved on 01/20/2021 by The BayCoast Bank reported 2 jobs and $50,557 was used to fund payroll.

Sakonnet associates llc is Existing or more than 2 years old

PPP Loan Search / RI / Little Compton / Sakonnet associates llc

SAKONNET ASSOCIATES LLC

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SAKONNET ASSOCIATES LLC

Borrower Address

6 Moorings Way

Borrower City

Little Compton

Borrower State

RI

Borrower Zip

02837-1438

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29724.00

Current Approval Amount

50557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Compton

Project County Name

NEWPORT

Project State

RI

Project Zip

02837-1438

CD

RI-01

Jobs Reported

2

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50553.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50865.96

Forgiveness Date

09/20/2021

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