PPP Loan information for Viti automotive group, inc

$531,695

Viti automotive group, inc was initially approved for PPP Loan of amount $434,000, the current approved amount is $531,695. The loan was approved on 04/05/2020 by The BankNewport reported 26 jobs and $531,695 was used to fund payroll.

Viti automotive group, inc is Existing or more than 2 years old

PPP Loan Search / RI / TIVERTON / Viti automotive group, inc

VITI AUTOMOTIVE GROUP, INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VITI AUTOMOTIVE GROUP, INC

Borrower Address

975 Fish Road

Borrower City

TIVERTON

Borrower State

RI

Borrower Zip

02878-3721

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434000.00

Current Approval Amount

531695.00

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

TIVERTON

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-3721

CD

RI-01

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531695.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

536487.54

Forgiveness Date

03/18/2021

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