PPP Loan information for Samcort inc

$292,492

Samcort inc was initially approved for PPP Loan of amount $292,492, the current approved amount is $292,492. The loan was approved on 04/10/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 12 jobs and $292,492 was used to fund payroll.

Samcort inc is Existing or more than 2 years old

SAMCORT INC

Date Approved

04/10/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

SAMCORT INC

Borrower Address

26 Almy St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-1810

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292492.07

Current Approval Amount

292492.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

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

02840-1810

CD

RI-01

Jobs Reported

12

NAICS Code

492210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

292489.07

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

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293726.15

Forgiveness Date

09/17/2021

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