PPP Loan information for The jonnycake center of westerly inc.

$156,670

The jonnycake center of westerly inc. was initially approved for PPP Loan of amount $156,670, the current approved amount is $156,670. The loan was approved on 03/20/2021 by The Chelsea Groton Bank reported 31 jobs and $156,670 was used to fund payroll.

The jonnycake center of westerly inc. is Existing or more than 2 years old

THE JONNYCAKE CENTER OF WESTERLY INC.

Date Approved

03/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

THE JONNYCAKE CENTER OF WESTERLY INC.

Borrower Address

23 Industrial Dr

Borrower City

Westerly

Borrower State

RI

Borrower Zip

02891-1583

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156670.00

Current Approval Amount

156670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westerly

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-1583

CD

RI-02

Jobs Reported

31

NAICS Code

624190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

156668.00

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157635.77

Forgiveness Date

11/03/2021

;