PPP Loan information for Mutual development corporation

$130,300

Mutual development corporation was initially approved for PPP Loan of amount $130,300, the current approved amount is $130,300. The loan was approved on 01/21/2021 by The Centreville Bank reported 11 jobs and $130,300 was used to fund payroll.

Mutual development corporation is Existing or more than 2 years old

PPP Loan Search / RI / West Warwick / Mutual development corporation

MUTUAL DEVELOPMENT CORPORATION

Date Approved

01/21/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MUTUAL DEVELOPMENT CORPORATION

Borrower Address

1 James P Murphy Ind Hwy

Borrower City

West Warwick

Borrower State

RI

Borrower Zip

02893-2447

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130300.00

Current Approval Amount

130300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65795

Servicing Lender Name

Centreville Bank

Servicing Lender Address

1218 Main St

Servicing Lender City

WEST WARWICK

Servicing Lender State

RI

Servicing Lender Zip

02893-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Warwick

Project County Name

KENT

Project State

RI

Project Zip

02893-2447

CD

RI-02

Jobs Reported

11

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130295.00

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

65795

Originating Lender

Centreville Bank

Originating Lender City

WEST WARWICK

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131512.51

Forgiveness Date

12/23/2021

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