PPP Loan information for North atlantic distribution inc

$1,920,600

North atlantic distribution inc was initially approved for PPP Loan of amount $1,920,600, the current approved amount is $1,920,600. The loan was approved on 03/03/2021 by The Citizens Bank, National Association reported 188 jobs and $1,920,600 was used to fund payroll.

North atlantic distribution inc is Existing or more than 2 years old

NORTH ATLANTIC DISTRIBUTION INC

Date Approved

03/03/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NORTH ATLANTIC DISTRIBUTION INC

Borrower Address

100 Tidal Dr

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852-8000

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1920600.00

Current Approval Amount

1920600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-8000

CD

RI-02

Jobs Reported

188

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1920595.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1935701.70

Forgiveness Date

12/28/2021

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