PPP Loan information for The southside community land trust

$177,200

The southside community land trust was initially approved for PPP Loan of amount $177,200, the current approved amount is $177,200. The loan was approved on 04/05/2020 by The Bank Rhode Island reported 10 jobs and $177,200 was used to fund payroll.

The southside community land trust is Existing or more than 2 years old

THE SOUTHSIDE COMMUNITY LAND TRUST

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

THE SOUTHSIDE COMMUNITY LAND TRUST

Borrower Address

109 SOMERSET ST

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02907-1031

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177200.00

Current Approval Amount

177200.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02907-1031

CD

RI-02

Jobs Reported

10

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177200.00

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

Non-Profit Organization

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

178770.19

Forgiveness Date

03/05/2021

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