PPP Loan information for Fay law associates inc

$298,188

Fay law associates inc was initially approved for PPP Loan of amount $298,188, the current approved amount is $298,188. The loan was approved on 02/03/2021 by The Bank Rhode Island reported 22 jobs and $298,188 was used to fund payroll.

Fay law associates inc is Existing or more than 2 years old

FAY LAW ASSOCIATES INC

Date Approved

02/03/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FAY LAW ASSOCIATES INC

Borrower Address

917 Reservoir Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02910-4436

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298187.50

Current Approval Amount

298187.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-4436

CD

RI-02

Jobs Reported

22

NAICS Code

541110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298187.50

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

299852.38

Forgiveness Date

09/13/2021

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