PPP Loan information for Principe engineering inc

$50,463

Principe engineering inc was initially approved for PPP Loan of amount $50,463, the current approved amount is $50,463. The loan was approved on 04/09/2020 by The BayCoast Bank reported 4 jobs and $50,463 was used to fund payroll.

Principe engineering inc is Existing or more than 2 years old

PPP Loan Search / RI / TIVERTON / Principe engineering inc

PRINCIPE ENGINEERING INC

Date Approved

04/09/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

PRINCIPE ENGINEERING INC

Borrower Address

29 Silver Beech Road

Borrower City

TIVERTON

Borrower State

RI

Borrower Zip

02878-4460

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50463.00

Current Approval Amount

50463.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

TIVERTON

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-4460

CD

RI-01

Jobs Reported

4

NAICS Code

541330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50463.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50904.55

Forgiveness Date

03/02/2021

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