PPP Loan information for Newton donuts inc

$120,600

Newton donuts inc was initially approved for PPP Loan of amount $120,600, the current approved amount is $120,600. The loan was approved on 04/05/2020 by The Bank Rhode Island reported 20 jobs and $120,600 was used to fund payroll.

Newton donuts inc is Existing or more than 2 years old

NEWTON DONUTS INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON DONUTS INC

Borrower Address

02461 BOYLSTON ST

Borrower City

NEWTON HIGHLANDS

Borrower State

MA

Borrower Zip

02461-1504

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120600.00

Current Approval Amount

120600.00

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

NEWTON HIGHLANDS

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02461-1504

CD

MA-04

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120600.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

121765.80

Forgiveness Date

04/05/2021

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