PPP Loan information for Choice collision center inc.

$230,000

Choice collision center inc. was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/04/2020 by The BankNewport reported 17 jobs and $230,000 was used to fund payroll.

Choice collision center inc. is Existing or more than 2 years old

CHOICE COLLISION CENTER INC.

Date Approved

04/04/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

CHOICE COLLISION CENTER INC.

Borrower Address

2 Industrial Way

Borrower City

WARREN

Borrower State

RI

Borrower Zip

02885

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

BRISTOL

Project State

RI

Project Zip

02885-0001

CD

RI-01

Jobs Reported

17

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232526.85

Forgiveness Date

05/27/2021

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