PPP Loan information for Foster electric inc.

$25,570

Foster electric inc. was initially approved for PPP Loan of amount $25,570, the current approved amount is $25,570. The loan was approved on 02/02/2021 by The Citizens Bank, National Association reported 3 jobs and $25,570 was used to fund payroll.

Foster electric inc. is Existing or more than 2 years old

PPP Loan Search / RI / Tiverton / Foster electric inc.

FOSTER ELECTRIC INC.

Date Approved

02/02/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FOSTER ELECTRIC INC.

Borrower Address

400 Fish Rd Unit 1N

Borrower City

Tiverton

Borrower State

RI

Borrower Zip

02878-3623

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25570.00

Current Approval Amount

25570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tiverton

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-3623

CD

RI-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

25566.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25782.27

Forgiveness Date

12/09/2021

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