PPP Loan information for Rhode island engine co., inc

$287,000

Rhode island engine co., inc was initially approved for PPP Loan of amount $287,000, the current approved amount is $287,000. The loan was approved on 04/07/2020 by The The Washington Trust Company of Westerly reported 23 jobs and $287,000 was used to fund payroll.

Rhode island engine co., inc is Existing or more than 2 years old

RHODE ISLAND ENGINE CO., INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RHODE ISLAND ENGINE CO., INC

Borrower Address

79 STATE ST

Borrower City

NARRAGANSETT

Borrower State

RI

Borrower Zip

02882-5712

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287000.00

Current Approval Amount

287000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

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

02882-5712

CD

RI-02

Jobs Reported

23

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287000.00

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

Corporation

Originating Lender Location Id

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289272.08

Forgiveness Date

02/02/2021

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