PPP Loan information for Block island utility district

$149,837

Block island utility district was initially approved for PPP Loan of amount $149,837, the current approved amount is $149,837. The loan was approved on 05/22/2020 by The The Washington Trust Company of Westerly reported 7 jobs and $149,837 was used to fund payroll.

Block island utility district is Existing or more than 2 years old

PPP Loan Search / RI / BLOCK ISLAND / Block island utility district

BLOCK ISLAND UTILITY DISTRICT

Date Approved

05/22/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

BLOCK ISLAND UTILITY DISTRICT

Borrower Address

100 OCEAN AVE

Borrower City

BLOCK ISLAND

Borrower State

RI

Borrower Zip

02807-7717

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149837.00

Current Approval Amount

149837.00

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

02807-7717

CD

RI-02

Jobs Reported

7

NAICS Code

221121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149837.00

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

151093.97

Forgiveness Date

03/29/2021

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