PPP Loan information for Newport art museum

$187,387

Newport art museum was initially approved for PPP Loan of amount $187,387, the current approved amount is $187,387. The loan was approved on 02/27/2021 by The BankNewport reported 18 jobs and $187,387 was used to fund payroll.

Newport art museum is Existing or more than 2 years old

NEWPORT ART MUSEUM

Date Approved

02/27/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT ART MUSEUM

Borrower Address

76 Bellevue Ave

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-7405

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187386.88

Current Approval Amount

187386.88

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

02840-7405

CD

RI-01

Jobs Reported

18

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

187383.88

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

Professional Association

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188013.21

Forgiveness Date

07/02/2021

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