PPP Loan information for Yankee development corp.

$354,250

Yankee development corp. was initially approved for PPP Loan of amount $354,250, the current approved amount is $354,250. The loan was approved on 02/18/2021 by The BankNewport reported 20 jobs and $354,250 was used to fund payroll.

Yankee development corp. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Yankee development corp.

YANKEE DEVELOPMENT CORP.

Date Approved

02/18/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

YANKEE DEVELOPMENT CORP.

Borrower Address

1 Christies Lndg

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-3454

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

354249.95

Current Approval Amount

354249.95

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

02840-3454

CD

RI-01

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

354246.95

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

357006.31

Forgiveness Date

12/01/2021

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