PPP Loan information for Medsource inc

$177,100

Medsource inc was initially approved for PPP Loan of amount $177,100, the current approved amount is $177,100. The loan was approved on 05/08/2020 by The BankNewport reported 13 jobs and $177,100 was used to fund payroll.

Medsource inc is Existing or more than 2 years old

MEDSOURCE INC

Date Approved

05/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MEDSOURCE INC

Borrower Address

86 Daniel T Church Rd

Borrower City

TIVERTON

Borrower State

RI

Borrower Zip

02878-4440

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177100.00

Current Approval Amount

177100.00

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

TIVERTON

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-4440

CD

RI-01

Jobs Reported

13

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177100.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178613.84

Forgiveness Date

03/17/2021

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