PPP Loan information for Branch enterprises inc

$40,505

Branch enterprises inc was initially approved for PPP Loan of amount $40,505, the current approved amount is $40,505. The loan was approved on 04/14/2021 by The Bank Rhode Island reported 2 jobs and $40,505 was used to fund payroll.

Branch enterprises inc is Existing or more than 2 years old

BRANCH ENTERPRISES INC

Date Approved

04/14/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

BRANCH ENTERPRISES INC

Borrower Address

221 Washington Hwy 221 George Washington Hwy

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-1824

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40504.67

Current Approval Amount

40504.67

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

Existing or more than 2 years old

Project City

Smithfield

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1824

CD

RI-01

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40498.67

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

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

40694.82

Forgiveness Date

10/06/2021

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