PPP Loan information for Colonial mills, inc.

$811,200

Colonial mills, inc. was initially approved for PPP Loan of amount $811,200, the current approved amount is $811,200. The loan was approved on 04/05/2020 by The Bank Rhode Island reported 77 jobs and $811,200 was used to fund payroll.

Colonial mills, inc. is Existing or more than 2 years old

PPP Loan Search / RI / RUMFORD / Colonial mills, inc.

COLONIAL MILLS, INC.

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COLONIAL MILLS, INC.

Borrower Address

77 PAWTUCKET AVE

Borrower City

RUMFORD

Borrower State

RI

Borrower Zip

02916-2422

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

811200.00

Current Approval Amount

811200.00

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

Existing or more than 2 years old

Project City

RUMFORD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02916-2422

CD

RI-01

Jobs Reported

77

NAICS Code

314110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

811200.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

817509.33

Forgiveness Date

01/26/2021

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