PPP Loan information for Fastnet inc.

$150,433

Fastnet inc. was initially approved for PPP Loan of amount $150,433, the current approved amount is $150,433. The loan was approved on 03/31/2021 by The BankNewport reported 28 jobs and $150,433 was used to fund payroll.

Fastnet inc. is Existing or more than 2 years old

FASTNET INC.

Date Approved

03/31/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FASTNET INC.

Borrower Address

1 Broadway

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-2936

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150432.52

Current Approval Amount

150432.52

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

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-2936

CD

RI-01

Jobs Reported

28

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150429.52

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151260.93

Forgiveness Date

10/21/2021

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