PPP Loan information for Olympia tea room inc.

$686,500

Olympia tea room inc. was initially approved for PPP Loan of amount $686,500, the current approved amount is $686,500. The loan was approved on 01/23/2021 by The Dime Bank reported 45 jobs and $686,500 was used to fund payroll.

Olympia tea room inc. is Existing or more than 2 years old

PPP Loan Search / RI / Westerly / Olympia tea room inc.

OLYMPIA TEA ROOM INC.

Date Approved

01/23/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OLYMPIA TEA ROOM INC.

Borrower Address

74 Bay St

Borrower City

Westerly

Borrower State

RI

Borrower Zip

02891-5702

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

686500.00

Current Approval Amount

686500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16432

Servicing Lender Name

Dime Bank

Servicing Lender Address

290 Salem Tpke

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-6494

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westerly

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-5702

CD

RI-02

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

686497.00

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

16432

Originating Lender

Dime Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

693021.75

Forgiveness Date

01/11/2022

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