PPP Loan information for Sail newport

$207,181

Sail newport was initially approved for PPP Loan of amount $207,181, the current approved amount is $207,181. The loan was approved on 01/21/2021 by The BankNewport reported 37 jobs and $207,181 was used to fund payroll.

Sail newport is Existing or more than 2 years old

SAIL NEWPORT

Date Approved

01/21/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SAIL NEWPORT

Borrower Address

72 Fort Adams Dr

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207180.60

Current Approval Amount

207180.60

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

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840

CD

RI-01

Jobs Reported

37

NAICS Code

532284

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

207178.60

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

Non-Profit Organization

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

209019.68

Forgiveness Date

12/16/2021

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