PPP Loan information for Muhammad t. rashid

$130,330

Muhammad t. rashid was initially approved for PPP Loan of amount $130,330, the current approved amount is $130,330. The loan was approved on 04/29/2020 by The BankNewport reported 16 jobs and $130,330 was used to fund payroll.

Muhammad t. rashid is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Muhammad t. rashid

MUHAMMAD T. RASHID

Date Approved

04/29/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MUHAMMAD T. RASHID

Borrower Address

29 memorial blvd

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130330.00

Current Approval Amount

130330.00

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

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-0001

CD

RI-01

Jobs Reported

16

NAICS Code

445110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130330.00

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

Sole Proprietorship

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

131576.17

Forgiveness Date

04/23/2021

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