PPP Loan information for Bi economic development foundation inc.

Date Approved

05/12/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BI ECONOMIC DEVELOPMENT FOUNDATION INC.

Borrower Address

105 SPRING ST

Borrower City

BLOCK ISLAND

Borrower State

RI

Borrower Zip

02807-7791

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000.00

Current Approval Amount

2000.00

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

N

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

02807-7791

CD

RI-02

Jobs Reported

1

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000.00

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

Non-Profit Organization

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

Unanswered

Non Profit

Y

Forgiveness Amount

2028.06

Forgiveness Date

10/06/2021