PPP Loan information for Oldport marine services inc

$162,500

Oldport marine services inc was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 01/23/2021 by The BankNewport reported 12 jobs and $162,500 was used to fund payroll.

Oldport marine services inc is Existing or more than 2 years old

OLDPORT MARINE SERVICES INC

Date Approved

01/23/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OLDPORT MARINE SERVICES INC

Borrower Address

1 Sayers Wharf

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

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

CD

RI-01

Jobs Reported

12

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

162498.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164307.53

Forgiveness Date

03/08/2022

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