Date Approved
03/04/2021
SBA Office Code
0165
Processing Method
PPS
Borrower Name
PRINCIPE ENGINEERING
Borrower Address
27 Sakonnet Ridge Dr
Borrower City
Tiverton
Borrower State
RI
Borrower Zip
02878-4457
Loan Status Date
09/25/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
61170.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32784
Servicing Lender Name
BayCoast Bank
Servicing Lender Address
330 Swansea Mall Dr
Servicing Lender City
SWANSEA
Servicing Lender State
MA
Servicing Lender Zip
02777-4112
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT
Project State
Project Zip
CD
RI-01
Jobs Reported
5
NAICS Code
541330
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
61169.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
61435.07
Forgiveness Date
08/13/2021