PPP Loan information for Island elements inc

$60,000

Island elements inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/07/2020 by The BankNewport reported 9 jobs and $60,000 was used to fund payroll.

Island elements inc is Existing or more than 2 years old

PPP Loan Search / RI / MIDDLETOWN / Island elements inc

ISLAND ELEMENTS INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ISLAND ELEMENTS INC

Borrower Address

86 Aquidneck Ave

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842-5252

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

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

MIDDLETOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-5252

CD

RI-01

Jobs Reported

9

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60552.33

Forgiveness Date

03/22/2021

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