PPP Loan information for Econotel business systems inc

$104,900

Econotel business systems inc was initially approved for PPP Loan of amount $104,900, the current approved amount is $104,900. The loan was approved on 04/09/2020 by The Bank Rhode Island reported 10 jobs and $104,900 was used to fund payroll.

Econotel business systems inc is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Econotel business systems inc

ECONOTEL BUSINESS SYSTEMS INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ECONOTEL BUSINESS SYSTEMS INC

Borrower Address

182 N MAIN ST

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720-2107

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104900.00

Current Approval Amount

104900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-2107

CD

MA-04

Jobs Reported

10

NAICS Code

517919

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104900.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105978.14

Forgiveness Date

04/28/2021

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