PPP Loan information for Team one newport inc

$197,500

Team one newport inc was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/10/2020 by The BankNewport reported 12 jobs and $197,500 was used to fund payroll.

Team one newport inc is Existing or more than 2 years old

PPP Loan Search / RI / MIDDLETOWN / Team one newport inc

TEAM ONE NEWPORT INC

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TEAM ONE NEWPORT INC

Borrower Address

1005 Aquidneck Ave

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842-5255

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

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

02842-5255

CD

RI-01

Jobs Reported

12

NAICS Code

448190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199734.73

Forgiveness Date

06/08/2021

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