PPP Loan information for Elco painting inc

$386,943

Elco painting inc was initially approved for PPP Loan of amount $386,943, the current approved amount is $386,943. The loan was approved on 01/28/2021 by The Bank Rhode Island reported 54 jobs and $386,943 was used to fund payroll.

Elco painting inc is Existing or more than 2 years old

ELCO PAINTING INC

Date Approved

01/28/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ELCO PAINTING INC

Borrower Address

290 Smith St

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852-7723

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386942.50

Current Approval Amount

386942.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-7723

CD

RI-02

Jobs Reported

54

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

386938.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390629.20

Forgiveness Date

01/19/2022

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