PPP Loan information for Pelly's properties

$35,000

Pelly's properties was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 01/26/2021 by The BankNewport reported 8 jobs and $35,000 was used to fund payroll.

Pelly's properties is Existing or more than 2 years old

PELLY'S PROPERTIES

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

35000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Narragansett

Project County Name

WASHINGTON

Project State

RI

Project Zip

02882-1758

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

35315.48

Forgiveness Date

01/04/2022

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