PPP Loan information for Korel controls inc.

$136,062

Korel controls inc. was initially approved for PPP Loan of amount $136,062, the current approved amount is $136,062. The loan was approved on 02/04/2021 by The The Washington Trust Company of Westerly reported 7 jobs and $136,062 was used to fund payroll.

Korel controls inc. is Existing or more than 2 years old

KOREL CONTROLS INC.

Date Approved

02/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

KOREL CONTROLS INC.

Borrower Address

1 Harry St

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02907-3128

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136061.65

Current Approval Amount

136061.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

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

02907-3128

CD

RI-02

Jobs Reported

7

NAICS Code

333414

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

136056.65

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

137150.14

Forgiveness Date

11/26/2021

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