PPP Loan information for Procaccianti companies inc.

$2,000,000

Procaccianti companies inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/07/2021 by The Webster Bank National Association reported 110 jobs and $2,000,000 was used to fund payroll.

Procaccianti companies inc. is Existing or more than 2 years old

PPP Loan Search / RI / Cranston / Procaccianti companies inc.

PROCACCIANTI COMPANIES INC.

Date Approved

05/07/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

PROCACCIANTI COMPANIES INC.

Borrower Address

1140 Reservoir Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02920-6032

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02920-6032

CD

RI-02

Jobs Reported

110

NAICS Code

531312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999997.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014630.14

Forgiveness Date

02/07/2022

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