PPP Loan information for Octo product development inc

$215,700

Octo product development inc was initially approved for PPP Loan of amount $215,700, the current approved amount is $215,700. The loan was approved on 02/12/2021 by The Bank Rhode Island reported 14 jobs and $215,700 was used to fund payroll.

Octo product development inc is Existing or more than 2 years old

PPP Loan Search / RI / Pawtucket / Octo product development inc

OCTO PRODUCT DEVELOPMENT INC

Date Approved

02/12/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OCTO PRODUCT DEVELOPMENT INC

Borrower Address

999 Main St Unit 705

Borrower City

Pawtucket

Borrower State

RI

Borrower Zip

02860-7816

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215700.00

Current Approval Amount

215700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pawtucket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02860-7816

CD

RI-01

Jobs Reported

14

NAICS Code

711510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

215695.00

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

Subchapter S Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217293.78

Forgiveness Date

11/15/2021

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