PPP Loan information for Nicholson yachts of newport inc.

$31,500

Nicholson yachts of newport inc. was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 03/04/2021 by The BankNewport reported 2 jobs and $31,500 was used to fund payroll.

Nicholson yachts of newport inc. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Nicholson yachts of newport inc.

NICHOLSON YACHTS OF NEWPORT INC.

Date Approved

03/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NICHOLSON YACHTS OF NEWPORT INC.

Borrower Address

56 Bridge St Ste 2-WEST

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-2450

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

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

02840-2450

CD

RI-01

Jobs Reported

2

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31496.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31868.51

Forgiveness Date

05/09/2022

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