PPP Loan information for Principe engineering

$61,170

Principe engineering was initially approved for PPP Loan of amount $61,170, the current approved amount is $61,170. The loan was approved on 03/04/2021 by The BayCoast Bank reported 5 jobs and $61,170 was used to fund payroll.

Principe engineering is Existing or more than 2 years old

PPP Loan Search / RI / Tiverton / Principe engineering

PRINCIPE ENGINEERING

Date Approved

03/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

PRINCIPE ENGINEERING

Borrower Address

27 Sakonnet Ridge Dr

Borrower City

Tiverton

Borrower State

RI

Borrower Zip

02878-4457

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61170.00

Current Approval Amount

61170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

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

02878-4457

CD

RI-01

Jobs Reported

5

NAICS Code

541330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61169.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61435.07

Forgiveness Date

08/13/2021

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