PPP Loan information for Sanoco inc

$1,321,370

Sanoco inc was initially approved for PPP Loan of amount $1,321,370, the current approved amount is $1,321,370. The loan was approved on 02/25/2021 by The Bank Rhode Island reported 94 jobs and $1,321,370 was used to fund payroll.

Sanoco inc is Existing or more than 2 years old

SANOCO INC

Date Approved

02/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SANOCO INC

Borrower Address

101 Corliss St

Borrower City

Providence

Borrower State

RI

Borrower Zip

02904-2621

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1321370.00

Current Approval Amount

1321370.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02904-2621

CD

RI-01

Jobs Reported

94

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1321366.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1331463.80

Forgiveness Date

12/07/2021

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