PPP Loan information for R. i. timber corp.

$42,400

R. i. timber corp. was initially approved for PPP Loan of amount $29,800, the current approved amount is $42,400. The loan was approved on 04/28/2020 by The Citizens Bank, National Association reported 6 jobs and $42,400 was used to fund payroll.

R. i. timber corp. is Existing or more than 2 years old

R. I. TIMBER CORP.

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

R. I. TIMBER CORP.

Borrower Address

183 Hartford Pike

Borrower City

Foster

Borrower State

RI

Borrower Zip

02825

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29800.00

Current Approval Amount

42400.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Foster

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02825-0001

CD

RI-02

Jobs Reported

6

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42400.00

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

Non-Veteran

Non Profit

Forgiveness Amount

42757.79

Forgiveness Date

03/23/2021

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