PPP Loan information for Benco management corporation

$120,500

Benco management corporation was initially approved for PPP Loan of amount $120,500, the current approved amount is $120,500. The loan was approved on 04/27/2020 by The Bank Rhode Island reported 8 jobs and $120,500 was used to fund payroll.

Benco management corporation is New Business or 2 years or less

BENCO MANAGEMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BENCO MANAGEMENT CORPORATION

Borrower Address

887 GREENWICH AVE

Borrower City

WARWICK

Borrower State

RI

Borrower Zip

02886-1857

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120500.00

Current Approval Amount

120500.00

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

New Business or 2 years or less

Project City

WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02886-1857

CD

RI-02

Jobs Reported

8

NAICS Code

531390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120500.00

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

Non-Veteran

Non Profit

Forgiveness Amount

121738.47

Forgiveness Date

05/11/2021

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