PPP Loan information for Langway nissan of newport inc

$87,800

Langway nissan of newport inc was initially approved for PPP Loan of amount $80,500, the current approved amount is $87,800. The loan was approved on 04/03/2020 by The Hometown Bank reported 9 jobs and $87,800 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

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

LANGWAY NISSAN OF NEWPORT INC

Borrower Address

295 EAST MAIN RD

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842-5212

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80500.00

Current Approval Amount

87800.00

Undisbursed Amount

0.00

Franchise Name

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

9

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87800.00

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

88516.83

Forgiveness Date

02/03/2021

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