PPP Loan information for Marine acoustics inc

$543,500

Marine acoustics inc was initially approved for PPP Loan of amount $543,500, the current approved amount is $543,500. The loan was approved on 04/27/2020 by The BankNewport reported 27 jobs and $543,500 was used to fund payroll.

Marine acoustics inc is Existing or more than 2 years old

PPP Loan Search / RI / MIDDLETOWN / Marine acoustics inc

MARINE ACOUSTICS INC

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MARINE ACOUSTICS INC

Borrower Address

2 Corporate Place Suite 105

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

543500.00

Current Approval Amount

543500.00

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

MIDDLETOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-0001

CD

RI-01

Jobs Reported

27

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

543500.00

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

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

549024.34

Forgiveness Date

05/11/2021

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