PPP Loan information for Vemaline products, inc.

$241,000

Vemaline products, inc. was initially approved for PPP Loan of amount $241,000, the current approved amount is $241,000. The loan was approved on 04/06/2020 by The Bank Rhode Island reported 23 jobs and $241,000 was used to fund payroll.

Vemaline products, inc. is Existing or more than 2 years old

PPP Loan Search / RI / CRANSTON / Vemaline products, inc.

VEMALINE PRODUCTS, INC.

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VEMALINE PRODUCTS, INC.

Borrower Address

200 1st Ave

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-5029

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241000.00

Current Approval Amount

241000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-5029

CD

RI-02

Jobs Reported

23

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241000.00

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

Subchapter S Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242626.75

Forgiveness Date

12/21/2020

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