PPP Loan information for East bay community development corp.

$229,100

East bay community development corp. was initially approved for PPP Loan of amount $254,300, the current approved amount is $229,100. The loan was approved on 04/14/2020 by The BankNewport reported 21 jobs and $229,100 was used to fund payroll.

East bay community development corp. is Existing or more than 2 years old

PPP Loan Search / RI / BRISTOL / East bay community development corp.

EAST BAY COMMUNITY DEVELOPMENT CORP.

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

EAST BAY COMMUNITY DEVELOPMENT CORP.

Borrower Address

160 Franklin Street

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254300.00

Current Approval Amount

229100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-0001

CD

RI-01

Jobs Reported

21

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229100.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

231121.10

Forgiveness Date

03/08/2021

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