PPP Loan information for Cooperating libraries automated network

$165,723

Cooperating libraries automated network was initially approved for PPP Loan of amount $176,932, the current approved amount is $165,723. The loan was approved on 06/05/2020 by The BankNewport reported 10 jobs and $165,723 was used to fund payroll.

Cooperating libraries automated network is Existing or more than 2 years old

COOPERATING LIBRARIES AUTOMATED NETWORK

Date Approved

06/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COOPERATING LIBRARIES AUTOMATED NETWORK

Borrower Address

300 Centerville Rd Suite 103S

Borrower City

WARWICK

Borrower State

RI

Borrower Zip

02886-0200

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176932.00

Current Approval Amount

165723.00

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

WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02886-0200

CD

RI-02

Jobs Reported

10

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165723.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

167189.54

Forgiveness Date

05/03/2021

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