PPP Loan information for Ragged island brewing company

$46,171

Ragged island brewing company was initially approved for PPP Loan of amount $32,979, the current approved amount is $46,171. The loan was approved on 01/28/2021 by The BankNewport reported 8 jobs and $46,171 was used to fund payroll.

Ragged island brewing company is Existing or more than 2 years old

RAGGED ISLAND BREWING COMPANY

Date Approved

01/28/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RAGGED ISLAND BREWING COMPANY

Borrower Address

200 Highpoint Ave Ste B6

Borrower City

Portsmouth

Borrower State

RI

Borrower Zip

02871-1356

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32979.35

Current Approval Amount

46171.09

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-1356

CD

RI-01

Jobs Reported

8

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46171.09

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

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46413.96

Forgiveness Date

08/10/2021

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