PPP Loan information for Lenmarine, inc.

$604,000

Lenmarine, inc. was initially approved for PPP Loan of amount $750,000, the current approved amount is $604,000. The loan was approved on 04/04/2020 by The BankNewport reported 56 jobs and $604,000 was used to fund payroll.

Lenmarine, inc. is Existing or more than 2 years old

PPP Loan Search / RI / BRISTOL / Lenmarine, inc.

LENMARINE, INC.

Date Approved

04/04/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

LENMARINE, INC.

Borrower Address

99 Poppasquash Road

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809-1001

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

604000.00

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

BRISTOL

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-1001

CD

RI-01

Jobs Reported

56

NAICS Code

713930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

604000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

609775.23

Forgiveness Date

04/06/2021

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