Date Approved
03/31/2021
SBA Office Code
0165
Processing Method
PPS
Borrower Name
FORTY 1 NORTH LLC
Borrower Address
351 Thames St
Borrower City
Newport
Borrower State
RI
Borrower Zip
02840-6654
Loan Status Date
11/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
698866.00
Current Approval Amount
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
Servicing Lender Zip
02903-2219
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT
Project State
Project Zip
CD
RI-01
Jobs Reported
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
698862.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
702146.79
Forgiveness Date
09/28/2021