PPP Loan information for Wayne electric inc

$90,800

Wayne electric inc was initially approved for PPP Loan of amount $90,800, the current approved amount is $90,800. The loan was approved on 01/29/2021 by The Citizens Bank, National Association reported 8 jobs and $90,800 was used to fund payroll.

Wayne electric inc is Existing or more than 2 years old

PPP Loan Search / RI / Bristol / Wayne electric inc

WAYNE ELECTRIC INC

Date Approved

01/29/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

WAYNE ELECTRIC INC

Borrower Address

116 Tupelo St

Borrower City

Bristol

Borrower State

RI

Borrower Zip

02809-2841

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90800.00

Current Approval Amount

90800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-2841

CD

RI-01

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

90795.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91270.17

Forgiveness Date

08/11/2021

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