PPP Loan information for Falvey linen supply inc

$3,953,500

Falvey linen supply inc was initially approved for PPP Loan of amount $3,995,000, the current approved amount is $3,953,500. The loan was approved on 04/03/2020 by The Bank Rhode Island reported 250 jobs and $3,953,500 was used to fund payroll.

Falvey linen supply inc is Existing or more than 2 years old

PPP Loan Search / RI / CRANSTON / Falvey linen supply inc

FALVEY LINEN SUPPLY INC

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

FALVEY LINEN SUPPLY INC

Borrower Address

50 BURNHAM AVE

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-1410

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3995000.00

Current Approval Amount

3953500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CRANSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-1410

CD

RI-01

Jobs Reported

250

NAICS Code

812331

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3953500.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3998306.33

Forgiveness Date

06/03/2021

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