PPP Loan information for Sail newport, inc.

$194,700

Sail newport, inc. was initially approved for PPP Loan of amount $194,700, the current approved amount is $194,700. The loan was approved on 04/07/2020 by The BankNewport reported 12 jobs and $194,700 was used to fund payroll.

Sail newport, inc. is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Sail newport, inc.

SAIL NEWPORT, INC.

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SAIL NEWPORT, INC.

Borrower Address

72 Fort Adams Drive

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-4388

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194700.00

Current Approval Amount

194700.00

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

02840-4388

CD

RI-01

Jobs Reported

12

NAICS Code

532284

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194700.00

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

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

196556.32

Forgiveness Date

03/31/2021

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