PPP Loan information for Village house convalescent home inc.

$1,001,000

Village house convalescent home inc. was initially approved for PPP Loan of amount $1,001,000, the current approved amount is $1,001,000. The loan was approved on 04/10/2020 by The Bank Rhode Island reported 83 jobs and $1,001,000 was used to fund payroll.

Village house convalescent home inc. is Existing or more than 2 years old

PPP Loan Search / RI / NEWPORT / Village house convalescent home inc.

VILLAGE HOUSE CONVALESCENT HOME INC.

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VILLAGE HOUSE CONVALESCENT HOME INC.

Borrower Address

70 Harrison Ave

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-3808

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1001000.00

Current Approval Amount

1001000.00

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

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-3808

CD

RI-01

Jobs Reported

83

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1001000.00

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

Unanswered

Non Profit

Forgiveness Amount

1018739.94

Forgiveness Date

01/31/2022

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