PPP Loan information for The francis malbone house inn inc.

$155,946

The francis malbone house inn inc. was initially approved for PPP Loan of amount $155,946, the current approved amount is $155,946. The loan was approved on 01/25/2021 by The BankNewport reported 16 jobs and $155,946 was used to fund payroll.

The francis malbone house inn inc. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / The francis malbone house inn inc.

THE FRANCIS MALBONE HOUSE INN INC.

Date Approved

01/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

THE FRANCIS MALBONE HOUSE INN INC.

Borrower Address

392 Thames St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6604

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155946.00

Current Approval Amount

155946.00

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

02840-6604

CD

RI-01

Jobs Reported

16

NAICS Code

721191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

155942.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156787.68

Forgiveness Date

08/16/2021

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