PPP Loan information for Newport bay club homeowners association

$113,750

Newport bay club homeowners association was initially approved for PPP Loan of amount $113,750, the current approved amount is $113,750. The loan was approved on 01/27/2021 by The Bank Rhode Island reported 10 jobs and $113,750 was used to fund payroll.

Newport bay club homeowners association is Existing or more than 2 years old

NEWPORT BAY CLUB HOMEOWNERS ASSOCIATION

Date Approved

01/27/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT BAY CLUB HOMEOWNERS ASSOCIATION

Borrower Address

337 Thames St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6619

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113750.00

Current Approval Amount

113750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

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

02840-6619

CD

RI-01

Jobs Reported

10

NAICS Code

721199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113743.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114593.65

Forgiveness Date

11/08/2021

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