PPP Loan information for Oceancliff owners association

$88,464

Oceancliff owners association was initially approved for PPP Loan of amount $88,464, the current approved amount is $88,464. The loan was approved on 03/18/2021 by The BankNewport reported 10 jobs and $88,464 was used to fund payroll.

Oceancliff owners association is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Oceancliff owners association

OCEANCLIFF OWNERS ASSOCIATION

Date Approved

03/18/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OCEANCLIFF OWNERS ASSOCIATION

Borrower Address

65 Ridge Rd

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-3717

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88463.90

Current Approval Amount

88463.90

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

02840-3717

CD

RI-01

Jobs Reported

10

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88463.90

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

Cooperative

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89220.08

Forgiveness Date

01/31/2022

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