PPP Loan information for Langway nissan of newport inc

$77,600

Langway nissan of newport inc was initially approved for PPP Loan of amount $77,600, the current approved amount is $77,600. The loan was approved on 01/20/2021 by The Hometown Bank reported 10 jobs and $77,600 was used to fund payroll.

Langway nissan of newport inc is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / Langway nissan of newport inc

LANGWAY NISSAN OF NEWPORT INC

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

LANGWAY NISSAN OF NEWPORT INC

Borrower Address

295 E Main Rd

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-5212

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77600.00

Current Approval Amount

77600.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

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

02842-5212

CD

RI-01

Jobs Reported

10

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77599.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78312.22

Forgiveness Date

12/23/2021

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