PPP Loan information for Decastro farms inc

$62,200

Decastro farms inc was initially approved for PPP Loan of amount $62,200, the current approved amount is $62,200. The loan was approved on 04/14/2020 by The BankNewport reported 6 jobs and $62,200 was used to fund payroll.

Decastro farms inc is Existing or more than 2 years old

DECASTRO FARMS INC

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

DECASTRO FARMS INC

Borrower Address

2348 East Main Rd

Borrower City

PORTSMOUTH

Borrower State

RI

Borrower Zip

02871

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62200.00

Current Approval Amount

62200.00

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

PORTSMOUTH

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-0001

CD

RI-01

Jobs Reported

6

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62724.87

Forgiveness Date

03/01/2021

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