PPP Loan information for Fabnewport inc.

$115,989

Fabnewport inc. was initially approved for PPP Loan of amount $115,989, the current approved amount is $115,989. The loan was approved on 01/21/2021 by The BankNewport reported 19 jobs and $115,989 was used to fund payroll.

Fabnewport inc. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Fabnewport inc.

FABNEWPORT INC.

Date Approved

01/21/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FABNEWPORT INC.

Borrower Address

1 York St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-1141

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115988.97

Current Approval Amount

115988.97

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

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-1141

CD

RI-01

Jobs Reported

19

NAICS Code

624110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115986.97

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

116767.53

Forgiveness Date

09/28/2021

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