Date Approved
01/26/2021
SBA Office Code
0165
Processing Method
PPS
Borrower Name
PELLY'S PROPERTIES
Borrower Address
909 Boston Neck Rd
Borrower City
Narragansett
Borrower State
RI
Borrower Zip
02882-1758
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35000.00
Current Approval Amount
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
Servicing Lender Zip
02840-2948
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
RI-02
Jobs Reported
8
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
34998.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
35315.48
Forgiveness Date
01/04/2022