PPP Loan information for Beachead ii llc

$639,139

Beachead ii llc was initially approved for PPP Loan of amount $639,139, the current approved amount is $639,139. The loan was approved on 02/18/2021 by The The Washington Trust Company of Westerly reported 50 jobs and $639,139 was used to fund payroll.

Beachead ii llc is Existing or more than 2 years old

BEACHEAD II LLC

Date Approved

02/18/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

BEACHEAD II LLC

Borrower Address

598 Corn Neck Rd

Borrower City

Block Island

Borrower State

RI

Borrower Zip

02807-7766

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

639138.50

Current Approval Amount

639138.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Block Island

Project County Name

WASHINGTON

Project State

RI

Project Zip

02807-7766

CD

RI-02

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

639134.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

645228.07

Forgiveness Date

02/03/2022

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