PPP Loan information for Newport county laundry

$37,700

Newport county laundry was initially approved for PPP Loan of amount $44,000, the current approved amount is $37,700. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 6 jobs and $37,700 was used to fund payroll.

Newport county laundry is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / Newport county laundry

NEWPORT COUNTY LAUNDRY

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

NEWPORT COUNTY LAUNDRY

Borrower Address

1376 West Main Road

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02879

Loan Status Date

03/18/2022

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

44000.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-1017

CD

RI-02

Jobs Reported

6

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;