PPP Loan information for Valenti's of westerly, inc.

$634,540

Valenti's of westerly, inc. was initially approved for PPP Loan of amount $634,540, the current approved amount is $634,540. The loan was approved on 04/08/2020 by The Chelsea Groton Bank reported 31 jobs and $634,540 was used to fund payroll.

Valenti's of westerly, inc. is Existing or more than 2 years old

PPP Loan Search / RI / WESTERLY / Valenti's of westerly, inc.

VALENTI'S OF WESTERLY, INC.

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VALENTI'S OF WESTERLY, INC.

Borrower Address

6 LANGWORTHY RD

Borrower City

WESTERLY

Borrower State

RI

Borrower Zip

02891-3908

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634540.00

Current Approval Amount

634540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTERLY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-3908

CD

RI-02

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63454.00

Payroll Proceed

507632.00

Mortgage Interest Proceed

0.00

Rent Proceed

63454.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

638886.16

Forgiveness Date

12/23/2020

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