PPP Loan information for Launch franchising llc

$185,500

Launch franchising llc was initially approved for PPP Loan of amount $185,500, the current approved amount is $185,500. The loan was approved on 04/28/2020 by The Bank Rhode Island reported 10 jobs and $185,500 was used to fund payroll.

Launch franchising llc is Existing or more than 2 years old

LAUNCH FRANCHISING LLC

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

LAUNCH FRANCHISING LLC

Borrower Address

920 BALD HILL RD

Borrower City

WARWICK

Borrower State

RI

Borrower Zip

02886-0721

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185500.00

Current Approval Amount

185500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02886-0721

CD

RI-02

Jobs Reported

10

NAICS Code

713990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37638.52

Forgiveness Date

05/10/2021

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