PPP Loan information for Newport biodiesel inc.

$650,115

Newport biodiesel inc. was initially approved for PPP Loan of amount $650,115, the current approved amount is $650,115. The loan was approved on 01/26/2021 by The Webster Bank National Association reported 39 jobs and $650,115 was used to fund payroll.

Newport biodiesel inc. is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Newport biodiesel inc.

NEWPORT BIODIESEL INC.

Date Approved

01/26/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT BIODIESEL INC.

Borrower Address

312 Connell Hwy

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6005

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

650115.00

Current Approval Amount

650115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-6005

CD

RI-01

Jobs Reported

39

NAICS Code

324110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

650115.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

654354.11

Forgiveness Date

10/04/2021

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