PPP Loan information for Specs eyecare inc.

$108,963

Specs eyecare inc. was initially approved for PPP Loan of amount $108,963, the current approved amount is $108,963. The loan was approved on 01/23/2021 by The BankNewport reported 11 jobs and $108,963 was used to fund payroll.

Specs eyecare inc. is Existing or more than 2 years old

SPECS EYECARE INC.

Date Approved

01/23/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SPECS EYECARE INC.

Borrower Address

70 Corporate Pl

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-6274

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108962.50

Current Approval Amount

108962.50

Undisbursed Amount

0.00

Franchise Name

Vision Source

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-6274

CD

RI-01

Jobs Reported

11

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

108960.50

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109681.95

Forgiveness Date

09/27/2021

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