PPP Loan information for Outerlimits powerboats inc

$323,480

Outerlimits powerboats inc was initially approved for PPP Loan of amount $323,480, the current approved amount is $323,480. The loan was approved on 04/05/2020 by The BankNewport reported 27 jobs and $323,480 was used to fund payroll.

Outerlimits powerboats inc is Existing or more than 2 years old

PPP Loan Search / RI / BRISTOL / Outerlimits powerboats inc

OUTERLIMITS POWERBOATS INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

OUTERLIMITS POWERBOATS INC

Borrower Address

3 MINTURN FARM RD

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809-4072

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323480.00

Current Approval Amount

323480.00

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

02809-4072

CD

RI-01

Jobs Reported

27

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323480.00

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

326422.34

Forgiveness Date

03/19/2021

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