PPP Loan information for East bay educational collaborative

$425,025

East bay educational collaborative was initially approved for PPP Loan of amount $368,500, the current approved amount is $425,025. The loan was approved on 04/04/2020 by The BankNewport reported 44 jobs and $425,025 was used to fund payroll.

East bay educational collaborative is Existing or more than 2 years old

EAST BAY EDUCATIONAL COLLABORATIVE

Date Approved

04/04/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

EAST BAY EDUCATIONAL COLLABORATIVE

Borrower Address

317 Market Street

Borrower City

WARREN

Borrower State

RI

Borrower Zip

02885-2637

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368500.00

Current Approval Amount

425025.00

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

02885-2637

CD

RI-01

Jobs Reported

44

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425025.00

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 Childcare Center

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

428890.98

Forgiveness Date

03/19/2021

;