PPP Loan information for Sakonnet lobster co.

$29,718

Sakonnet lobster co. was initially approved for PPP Loan of amount $29,718, the current approved amount is $29,718. The loan was approved on 07/28/2020 by The BayCoast Bank reported 10 jobs and $29,718 was used to fund payroll.

Sakonnet lobster co. is Existing or more than 2 years old

SAKONNET LOBSTER CO.

Date Approved

07/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SAKONNET LOBSTER CO.

Borrower Address

26 California Road

Borrower City

LITTLE COMPTON

Borrower State

RI

Borrower Zip

02837-1010

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29718.00

Current Approval Amount

29718.00

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

02837-1010

CD

RI-01

Jobs Reported

10

NAICS Code

114112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29718.00

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

Sole Proprietorship

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29868.24

Forgiveness Date

02/22/2021

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