PPP Loan information for Commercial solutions inc.

$602,497

Commercial solutions inc. was initially approved for PPP Loan of amount $602,497, the current approved amount is $602,497. The loan was approved on 01/21/2021 by The BayCoast Bank reported 62 jobs and $602,497 was used to fund payroll.

Commercial solutions inc. is Existing or more than 2 years old

PPP Loan Search / RI / Smithfield / Commercial solutions inc.

COMMERCIAL SOLUTIONS INC.

Date Approved

01/21/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

COMMERCIAL SOLUTIONS INC.

Borrower Address

21 Industrial Dr

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-1528

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

602497.00

Current Approval Amount

602497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

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

02917-1528

CD

RI-01

Jobs Reported

62

NAICS Code

238990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

602492.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606898.58

Forgiveness Date

10/19/2021

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