PPP Loan information for Commercial solutions inc

$547,195

Commercial solutions inc was initially approved for PPP Loan of amount $547,195, the current approved amount is $547,195. The loan was approved on 04/13/2020 by The BayCoast Bank reported 87 jobs and $547,195 was used to fund payroll.

Commercial solutions inc is Existing or more than 2 years old

PPP Loan Search / RI / SMITHFIELD / Commercial solutions inc

COMMERCIAL SOLUTIONS INC

Date Approved

04/13/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COMMERCIAL SOLUTIONS INC

Borrower Address

21 Industrial Dr

Borrower City

SMITHFIELD

Borrower State

RI

Borrower Zip

02917-1515

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547195.00

Current Approval Amount

547195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1515

CD

RI-01

Jobs Reported

87

NAICS Code

238150

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

547195.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553791.74

Forgiveness Date

06/30/2021

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