PPP Loan information for American ring co inc

$262,428

American ring co inc was initially approved for PPP Loan of amount $262,428, the current approved amount is $262,428. The loan was approved on 02/01/2021 by The Bank Rhode Island reported 32 jobs and $262,428 was used to fund payroll.

American ring co inc is Existing or more than 2 years old

PPP Loan Search / RI / East Providence / American ring co inc

AMERICAN RING CO INC

Date Approved

02/01/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AMERICAN RING CO INC

Borrower Address

19 Grosvenor Ave

Borrower City

East Providence

Borrower State

RI

Borrower Zip

02914-4527

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262427.50

Current Approval Amount

262427.50

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

Y

Business Age Description

Existing or more than 2 years old

Project City

East Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-4527

CD

RI-01

Jobs Reported

32

NAICS Code

339910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262424.50

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

264811.22

Forgiveness Date

01/03/2022

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