PPP Loan information for Newport public library

$224,460

Newport public library was initially approved for PPP Loan of amount $224,460, the current approved amount is $224,460. The loan was approved on 06/12/2020 by The BankNewport reported 35 jobs and $224,460 was used to fund payroll.

Newport public library is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Newport public library

NEWPORT PUBLIC LIBRARY

Date Approved

06/12/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

NEWPORT PUBLIC LIBRARY

Borrower Address

300 Spring Street

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-6800

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224460.00

Current Approval Amount

224460.00

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

02840-6800

CD

RI-01

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224460.00

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

Non-Profit Organization

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

226440.17

Forgiveness Date

05/18/2021

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